Understanding Why Companies Like Spotify Have to Do Layoffs | HR in a Minute ⏰

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About this episode 🎙️
In this conversation, @JeffreyFermin & 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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