Spotify cuts 17% jobs amid rising capital costs

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 […]

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Spotify is eliminating around 1,500 jobs, or about 17% of its workforce. This is the company's third round of layoffs this year as the m

Spotify Slashes Workforce by 17% Amid Economic Slowdown - Global Village Space

Spotify Layoffs: 17% of Global Employees Trimmed to Cut Costs

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

Spotify Will Lay Off 17% of Employees in Effort to Cut Costs

Spotify to cut 17% of its workforce: Report

Spotify to cut 17% of its workforce, its third wave of layoffs this year

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Spotify Shares Surge as It Cuts 17% of Its Workforce to Contain Costs

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Spotify swings to loss as it adds 200,000 audiobooks to paid service, Spotify

Read the full memo Spotify's CEO sent employees announcing it would cut 17% of its staff: 'Being lean is not just an option but a necessity