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Spotify's Financial Transformation
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Spotify is undergoing a financial restructuring by seeking a new CFO amidst layoffs affecting about 1,500 employees. CEO Daniel Ek announced this transition as the company enters a new phase.
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How does this financial transformation reflect broader trends in the music streaming industry?
How might the transition to a new CFO impact Spotify's financial strategies?
What measures can Spotify take to restore investor confidence after layoffs and financial restructuring?
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