Published 1 year ago

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

Summary by Barron's

Swedish music streaming giant Spotify said Monday that it was cutting six percent of its roughly 10,000 employees, the latest among a slew of cost-cutting announcements by technology companies.

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Times of India

Spotify to cut staff as soon as this week, Telecom News, ET Telecom

The number of positions to be eliminated wasn’t specified. Spotify laid off 38 staff from its Gimlet Media and Parcast podcast studios in October. The music streaming giant has about 9,800 employees, according to its third-quarter earnings report.

1 year ago·India

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BBC News

Spotify cuts jobs in latest round of tech layoffs

The music-streaming company says it is shedding 6% of its workforce.

1 year ago·United Kingdom

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News18 India

Spotify To Cut 6% of Workforce; Content Head to Depart

Spotify says it expects to incur about 35 million euros ($38.06 million) to 45 million euros in severance-related charges

1 year ago·India

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The Hindu

Spotify could cut staff as early as this week

Spotify Technology is planning to cut staff and the move could come as soon as this week, reported Bloomberg News

1 year ago·India

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CTV News

Spotify to trim 6 per cent of workforce, content head to depart

Music streaming firm Spotify Technology said on Monday it plans to cut 6 per cent of its workforce, or roughly 600 jobs, adding to a glut of layoffs in the technology sector as companies prepare for a possible recession.

1 year ago·Canada

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Reuters

Spotify to trim 6% of workforce in latest tech layoffs

Spotify Technology SA said on Monday it plans to cut 6% of its workforce and would take a related charge of up to nearly $50 million, adding to the massive layoffs in the technology sector in preparation for a possible recession.

1 year ago·United Kingdom

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