Music streaming giant Spotify said on Monday that it will lay off around 1500 employees, or 17 per cent of its workforce, to bring down costs, after letting ...
In a memo addressed to staff, CEO Daniel Ek said it was necessary for the company to "rightsize" after hiring too many people during 2020 and 2021.
Spotify will lay off around 1500 employees to reduce costs in a third round of job cuts this year, CEO Daniel Ek said Monday as he announced a โsignificantโ ...
The music streaming service has expanded into podcasting and audiobooks but found it difficult to turn a consistent profit.
Spotify shares climbed roughly 10% Monday after the music streaming service said it would cut 17% of its workforce, or about 1500 jobs.
Streaming giant Spotify announced Monday it is laying off 17% of its workforce in the latest round of cuts for the company.
Music streaming giant Spotify said on Monday that it will lay off around 1500 employees, or 17% of its workforce, to bring down costs, after letting 600 of ...
Spotify says it's cutting 17 per cent of its global workforce, the music streaming service's third round of layoffs this year as it looks to cut costs.
For the third time this year, the music streaming platform is laying off hundreds of employees. Understand your rights in Canada.