Dawn Ostroff
| Use attributes for filter ! | |
| Gender | Female |
|---|---|
| Age | 64 |
| Date of birth | March 31,1960 |
| Zodiac sign | Aries |
| Born | Brooklyn |
| New York | |
| United States | |
| Spouse | Mark Ostroff |
| Movies/Shows | The Old Man & the Gun |
| Only the Brave | |
| The First Monday in May | |
| Children | 4 |
| Education | Florida International University |
| Nationality | American |
| Date of Reg. | |
| Date of Upd. | |
| ID | 656604 |
Dawn Ostroff Life story
Dawn Ostroff is an American businesswoman. She was the chief content officer and advertising business officer of Spotify, and is the former president of entertainment of The CW and former president of Condé Nast Entertainment.
Spotify cuts jobs in latest round of tech layoffs
Swedish music-streaming giant Spotify says it will cut 6% of its about 10,000 employees, citing a need to improve efficiency.
" In hindsight, I was too ambitious in investing ahead of our revenue growth, " boss Daniel Ek wrote on the.
Spotify has never posted a full-year net profit, despite its popularity in the online music market.
It Follows last week's announcements of losses at Microsoft and Alphabet.
Alphabet, which owns Google, said it would shed 12,000 jobs, while Microsoft said up to 10,000 employees would lose their jobs.
" I take full accountability for the moves that got us Here Today , " Mr Ek added.
The Company also said its chief content and advertising business officer, Dawn Ostroff , would depart as part of a broader reorganisation.
Invested heavilySpotify, which had about 9,800 full-time employees Last Year , said it expected to incur at least €35m (£30m) in severance-related charges.
The Swedish company, which is listed on the New York Stock Exchange , has invested heavily since its launch, to fuel growth with expansions into new markets and, in later years, exclusive content such as podcasts.
The Company had said in October it would slow down hiring for the rest of the year and into 2023.
Spotify's announcement comes at a time when technology companies are facing downturn after two years of pandemic-driven growth during which they had hired aggressively.
Hundreds, including some of the sector's biggest names, have revealed redundancies in recent weeks.
At the start of this year, Amazon announced it planned to cut More Than 18,000 jobs because of " the uncertain economy" and rapid hiring during the pandemic.
In November, Meta announced it would cut 13% of its workforce, a total of 11,000 employees.
Source of news: bbc.com
Dawn Ostroff Photos
