Spotify Slashes Workforce By 17% In Cost-Cutting Move

Music Streamer Lops 1,500 Jobs As Pandemic Boom Goes Bust Stockholm – Spotify announced dramatic cuts to its global workforce Monday amounting to around 17%, continuing a troubling trend of layoffs cascading across the technology industry. The streaming giant said it will shed 1,500 roles in its latest round of reductions, leaving around 9,000 remaining…

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