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.
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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.
Leer el casoPepsi 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.
Leer el casoA US data firm's unverifiable 96,000-patient registry crashed two top-journal papers and halted a WHO trial.
Leer el casoAdam Osborne showed off the upcoming Executive model, dealers cancelled Osborne 1 orders, and the company was bankrupt three months later.
Leer el casoSpanish bridal giant Pronovias filed voluntary insolvency in May 2026 after €354M loss in 2024 — sold to Cap Capital
Leer el casoA compromised web service let hackers tap about 700 BDO accounts in December 2021; the central bank sanctioned BDO and UnionBank over the breach.
Leer el casoOspraie Management, a $9B commodity hedge fund, closed its flagship fund in 2008 after a 38.6% loss from falling commodity prices.
Leer el casoThe 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.
Leer el casoJean 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.
Leer el casoFounded 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.
Leer el casoIndia's ED seized ₹5,551 crore (about $725M) from Xiaomi India over royalties sent abroad without approval. The action survived review and the courts.
Leer el casoHundreds of complaints, 9,300 contracts activated without authorization. Italy's privacy regulator fined Enel Energia €26.5M, then a record €79M.
Leer el casoB&W enhanced cigarettes with ammonia to boost nicotine absorption. Whistleblower Jeffrey Wigand exposed the truth. The industry paid $368B. B&W ceased to exist.
Leer el casoCoca-Cola launched Tab Clear in 1992 as a 'kamikaze' to destroy Crystal Pepsi. Within a year, both were dead.
Leer el casoP&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.
Leer el casoNike's largest Chinese distributor lost its online distribution rights, wiping 22% of revenue and sending the stock down 20%
Leer el casoThe 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.
Leer el casoSun 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
Leer el casoFranklin National Bank, the 20th largest US bank, collapsed in 1974 from $39M in unauthorized forex trading — the largest US bank failure at the time.
Leer el casoAfter 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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