Spotify Lays Off About 1,500 Employees to Reduce Costs in A Third Round of Job Cuts This Year
Popular digital music streaming service Spotify, has laid off about 1,500 of its employees (17% of its headcount), in a third round of job cuts in less than a year, amidst rising capital costs. In a letter to employees, Spotify CEO Daniel Ek said the company hired more workers in 2020 and 2021, noting that […]
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