Elon Musk, CEO of e-car firm Tesla, decided to fire an entire division at the company after the division chief refused to make further redundancies.

In December, vacancies continued to fall, geopolitical risk was named as the fastest growing danger to business and Spotify made mass redundancies.

Spotify’s mass redundancies are the consequence of an over-hiring epidemic which became commonplace in the tech sector following covid, according to HR and technology experts.