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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 […]

Spotify to Lay Off 17% of Staff, CEO Daniel Ek Says Streamer Must Be Leaner - Bloomberg

Spotify lays off about 1,500 people, or 17% of its workforce, due to slowing growth and rising costs - GIGAZINE

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Spotify cuts 17% jobs amid rising capital costs

Spotify cuts 17% of workforce

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Spotify is laying off 17% of employees across the company amid rising capital costs - Innovation Village

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Spotify cuts 17% of its global workforce - Los Angeles Times

Spotify is laying off 17% of employees across the company amid rising capital costs - Innovation Village