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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

Spotify to lay off 17% of workforce

Spotify to cut 17% of staff in cost-cutting measure – DW – 12/04/2023

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Spotify Will Lay Off 17% of Employees in Effort to Cut Costs

Spotify to cut 17% of its staff

Spotify's latest round of layoffs to cut 1,500 jobs in battle to become profitable