'Stupid waste of money' | Spotify employees are criticizing the company for throwing opulent parties days before "cost-cutting" layoffs. Are they right?

Hosting packed-out parties headlined by Sam Smith, Charlie XCX, and Chase & Status. Employees flown to Stockholm on the company’s dime. And then, days later, widespread job cuts in a bid to “control costs.”

There’s an uncomfortable conversation going on among Spotifiers currently who feel the company is throwing too much money at company events whilst the streaming platform makes rounds of layoffs citing the need to reign in expenses amid slow economic growth.