Spotify cuts 17% jobs amid rising capital costs
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Spotify is eliminating about 1,500 jobs, or about 17% of its workforce, in its third round of layoffs this year as the music streaming giant 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 […]
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Spotify cuts 17% jobs amid rising capital costs
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Spotify cuts 17% jobs amid rising capital costs
Spotify Shares Surge as It Cuts 17% of Its Workforce to Contain Costs
Read the full memo Spotify's CEO sent employees announcing it would cut 17% of its staff: 'Being lean is not just an option but a necessity
Spotify cuts 17% jobs amid rising capital costs
Spotify lays off about 1,500 people, or 17% of its workforce, due to slowing growth and rising costs - GIGAZINE