Understanding Why Companies Like Spotify Have to Do Layoffs

Jeffrey Fermin
1 min readDec 20, 2023

Last week, I had the opportunity to discuss Spotify’s current situation with AllVoices President Bryan Wolff.

With nearly two decades of experience in technology, Bryan shared his insights on why companies resort to layoffs and the factors influencing these decisions.

Despite the challenging nature of the topic, Bryan addressed it with respect and detail, offering a deeper understanding of the reasons behind layoffs. You can watch the full interview in the video below, and the audio version is also available on Spotify

Here’s the full Youtube video:

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About this episode 🎙️

In this conversation, Jeffrey Fermin & Bryan Wolff discuss the topic of layoffs, specifically focusing on the recent layoffs at Spotify. They explore the factors that go into making layoff decisions, the process of conducting layoffs, and the importance of effective communication with employees.

The conversation highlights the financial considerations, such as the cost of capital, that can lead to layoffs. It also emphasizes the need for thoughtful and empathetic communication during the layoff process to support both affected employees and those who remain with the company.

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Jeffrey Fermin

Howdy 👋🏼 I’ve been in HR Tech since 2011 when I co-founded Officevibe (left 2016) | Trying to make the future of work the present | Let’s talk people ops 💬