{"id":12543,"date":"2023-12-07T15:38:25","date_gmt":"2023-12-07T14:38:25","guid":{"rendered":"http:\/\/costops.com\/index.php\/2023\/12\/07\/spotify-cfo-cashes-in-7-2m-in-shares-after-value-surges-on-news-of-job-cuts\/"},"modified":"2023-12-07T15:38:25","modified_gmt":"2023-12-07T14:38:25","slug":"spotify-cfo-cashes-in-7-2m-in-shares-after-value-surges-on-news-of-job-cuts","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2023\/12\/07\/spotify-cfo-cashes-in-7-2m-in-shares-after-value-surges-on-news-of-job-cuts\/","title":{"rendered":"Spotify CFO cashes in \u00a37.2m in shares after value surges on news of job cuts"},"content":{"rendered":"

Price of shares in music streaming service leaped after announcement it was laying off almost a fifth of its workforce<\/p>\n

One of Spotify\u2019s top executives cashed in more than $9m (\u00a37.2m) in shares as the value of the world\u2019s biggest music streaming service surged after it announced it was laying off almost a fifth of its workforce<\/a> to cut costs.<\/p>\n

Paul Vogel, Spotify\u2019s chief financial officer, moved to sell the $9.4m worth of stock on Tuesday, a day after investors sent the company\u2019s share price soaring in response to reports that the cuts would help it sustain profitability amid slowing economic growth<\/a>.<\/p>\n

Continue reading…<\/a>
\nPrice of shares in music streaming service leaped after announcement it was laying off almost a fifth of its workforce
\nOne of Spotify\u2019s top executives cashed in more than $9m (\u00a37.2m) in shares as the value of the world\u2019s biggest music streaming service surged after it announced it was laying off almost a fifth of its workforce to cut costs.
\nPaul Vogel, Spotify\u2019s chief financial officer, moved to sell the $9.4m worth of stock on Tuesday, a day after investors sent the company\u2019s share price soaring in response to reports that the cuts would help it sustain profitability amid slowing economic growth. Continue reading…Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"

Price of shares in music streaming service leaped after announcement it was laying off almost a fifth of its workforce One of Spotify\u2019s top executives cashed in more than $9m (\u00a37.2m) in shares as the value of the world\u2019s biggest music streaming service surged after it announced it was laying off almost a fifth of …<\/p>\n

Spotify CFO cashes in \u00a37.2m in shares after value surges on news of job cuts<\/span> Read More »<\/a><\/p>\n","protected":false},"author":0,"featured_media":12544,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/12543"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=12543"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/12543\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/12544"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=12543"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=12543"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=12543"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}