Spotify cuts 17% jobs amid rising capital costs
TechCrunch
DECEMBER 3, 2023
Spotify is eliminating about 17% jobs, its third round of layoffs this year, as the music streaming looks to become “both productive and efficient.” In a note to employees Monday, Spotify founder and chief executive Daniel Ek said right-sizing the workforce is crucial for the company to face the “challenges ahead.” He cited the slow […] © 2023 TechCrunch.
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