Spotify Announces Layoffs 1,500 Jobs Amid Cost-Cutting Measures

Spotify Announces Layoffs 1,500 Jobs Amid Cost-Cutting Measures

Spotify, the renowned music streaming platform, has announced its decision to lay off approximately 1,500 employees, constituting 17% of its workforce, as part of ongoing cost-cutting efforts. This move follows previous rounds of layoffs with 600 job cuts in January and an additional 200 in June. In a letter addressed to employees, Spotify CEO Daniel … Read more