Spotify To Cut 6% Of Workforce, Some 600 Employees: CEO

Spotify latest tech name to cut jobs, axes 6% of workforce

In recent weeks, thousands of tech employees have been laid off as major companies downsize ahead of a projected downturn in the near future.

Spotify latest tech name to cut jobs, axes 6% of workforce

In recent weeks, thousands of tech employees have been laid off as major companies downsize ahead of a projected downturn in the near future.

Spotify lays off 600 employees globally

Layoffs"In hindsight, I was too ambitious in investing ahead of our revenue growth,” CEO Daniel Ek said in a memo to Spotify employees. IANSRepresentative imageMusic streaming giant Spotify announced that it will slash 6% of its employees, or about 600 staffers, globally. The Swedish company's CEO, Daniel Ek, announced in a memo on Monday, January 23, that a series of changes would be implemented to streamline the organisation, including “the di…

Spotify latest tech name to cut jobs, axes 6% of workforce

In recent weeks, thousands of tech employees have been laid off as major companies downsize ahead of a projected downturn in the near future.

Spotify latest tech name to cut jobs, axes 6% of workforce

In recent weeks, thousands of tech employees have been laid off as major companies downsize ahead of a projected downturn in the near future.

Spotify latest tech name to cut jobs, axes 6% of workforce

In recent weeks, thousands of tech employees have been laid off as major companies downsize ahead of a projected downturn in the near future.