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Showing posts with the label round

Which teams have qualified for 2023/24 Champions League round of 16?

We now know the identity of all but two of the knockout-stage teams in the 2023/24 UEFA Champions League, after Copenhagen and Napoli became the 13th and 14th clubs to book their spot in the round of 16 on Tuesday. United out as Copenhagen edge Galatasaray Copenhagen went through behind already-qualified Bayern Munich in Group A , the Danes beating Galatasaray 1-0 in a winner-takes-all showdown for second place. Lukas Lerager’s goal was the difference at Parken Stadium. As Manchester United failed to beat Bayern in the group’s other matchday-six Game , a draw would in fact also have been enough for Copenhagen, who have reached the Champions League knockouts only once previously. United, who lost 1-0 to Bayern and finished bottom of the group, have exited the tournament at the round -robin stage for the third time in seven Champions League campaigns since Sir Alex Ferguson retired in 2013. Napoli beat Braga to second spot In Group C, meanwhile, Napoli only needed to avoid defeat by two...

Spotify to cut 1,500 jobs in third layoff round this year

Music streaming giant Spotify said on Monday that it will lay off a round 1,500 employees, or 17% of its workforce, to bring down costs, after letting 600 of its staff go in January, and 200 more in June. Its U.S.-listed shares soared about 11% to trade near their two-year high of $200.46 in early trading. After a round of job cuts at the start of the year by tech companies, some have begun reducing their workforce again, with announcements coming from Amazon to Microsoft-owned LinkedIn. In a letter to employees, Spotify CEO Daniel Ek said the company hired more in 2020 and 2021 due to the lower cost of capital and while its output has increased, much of it was linked to having more resources. Spotify will incur about 130 million euros to 145 million euros in charges in the fourth quarter due to the layoffs, the company said, adding that the majority of the cash component of the charges will be recorded in the first and second fiscal quarters of 2024...