Spotify hired too fast during the pandemic — then cut 17% of staff in one day
The Swedish streamer tripled its podcast bet and expanded headcount quickly. In 2023 it made three rounds of cuts, with the last removing 1,500 roles.
Fall lesenUnternehmerische Misserfolge, teure Entscheidungen und ihre Lehren.
Das gesamte Archiv in der AppArtikel gibt es auf Englisch und vereinfachtem Chinesisch. Titel und Texte bleiben in ihrer veröffentlichten Sprache.
The Swedish streamer tripled its podcast bet and expanded headcount quickly. In 2023 it made three rounds of cuts, with the last removing 1,500 roles.
Fall lesenPepsi launched Josta in 1995 — the first energy drink from a major US beverage company. Four years later it was pulled. Red Bull took the market.
Fall lesenA US data firm's unverifiable 96,000-patient registry crashed two top-journal papers and halted a WHO trial.
Fall lesenAdam Osborne showed off the upcoming Executive model, dealers cancelled Osborne 1 orders, and the company was bankrupt three months later.
Fall lesenSpanish bridal giant Pronovias filed voluntary insolvency in May 2026 after €354M loss in 2024 — sold to Cap Capital
Fall lesenA compromised web service let hackers tap about 700 BDO accounts in December 2021; the central bank sanctioned BDO and UnionBank over the breach.
Fall lesenOspraie Management, a $9B commodity hedge fund, closed its flagship fund in 2008 after a 38.6% loss from falling commodity prices.
Fall lesenThe 2007 deal was Microsoft's largest ever, a defensive bid at more than double the price Google had just paid. In 2012 the goodwill went: $6.2B in one quarter.
Fall lesenJean Nouvel's resort carved into AlUla's sandstone was announced in 2019 with 2023 completion; the builder was signed only that June, and it still isn't open.
Fall lesenFounded in 1999, by 2008 the world's largest solar-cell maker, worth almost €8bn. The share fell to nine cents; in August 2012 Hanwha took it over.
Fall lesenIndia's ED seized ₹5,551 crore (about $725M) from Xiaomi India over royalties sent abroad without approval. The action survived review and the courts.
Fall lesenHundreds of complaints, 9,300 contracts activated without authorization. Italy's privacy regulator fined Enel Energia €26.5M, then a record €79M.
Fall lesenB&W enhanced cigarettes with ammonia to boost nicotine absorption. Whistleblower Jeffrey Wigand exposed the truth. The industry paid $368B. B&W ceased to exist.
Fall lesenCoca-Cola launched Tab Clear in 1992 as a 'kamikaze' to destroy Crystal Pepsi. Within a year, both were dead.
Fall lesenP&G invented Olestra in 1968, spent 28 years on FDA approval. Frito-Lay launched Wow! Chips in 1998, selling $400M in year one. Then came the side effects.
Fall lesenNike's largest Chinese distributor lost its online distribution rights, wiping 22% of revenue and sending the stock down 20%
Fall lesenThe Gulf's biggest contractor promised a million Egyptian homes to relaunch itself as a developer — then could not sign, fund or plan a single phase.
Fall lesenSun Microsystems was the dot-com era's defining tech company at $200B — but when servers moved to Linux, a once-untouchable giant sold to Oracle for $7.4B
Fall lesenFranklin National Bank, the 20th largest US bank, collapsed in 1974 from $39M in unauthorized forex trading — the largest US bank failure at the time.
Fall lesenAfter Phil Mickelson praised LIV's Saudi backers as 'scary' but worth dealing with, KPMG (14 yrs) and Workday (5 yrs) dropped him in four days; Callaway paused.
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