Spotify layoffs

2023 - 12 - 5

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Image courtesy of "NPR"

Spotify to cut 17% of staff in the latest round of tech layoffs (NPR)

In a memo addressed to staff, CEO Daniel Ek said it was necessary for the company to "rightsize" after hiring too many people during 2020 and 2021.

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Image courtesy of "CNN"

Spotify to cut 17% of its staff (CNN)

Spotify will lay off around 1500 employees to reduce costs in a third round of job cuts this year, CEO Daniel Ek said Monday as he announced a “significant” ...

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Image courtesy of "CNBC"

Spotify jumps after saying it will cut 17% of workforce — read the full ... (CNBC)

Spotify shares climbed roughly 10% Monday after the music streaming service said it would cut 17% of its workforce, or about 1500 jobs.

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Image courtesy of "Reuters"

Spotify to cut 1500 jobs in third layoff round this year, shares jump (Reuters)

Music streaming giant Spotify said on Monday that it will lay off around 1500 employees, or 17% of its workforce, to bring down costs, after letting 600 of ...

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Image courtesy of "The New York Times"

Spotify to Cut 1500 Jobs in Third Round of Layoffs this Year (The New York Times)

The music streaming service has expanded into podcasting and audiobooks but found it difficult to turn a consistent profit.

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