BluePerspectives

Spotify to cut 17 percent of staff

Daniel Ek, the CEO of Spotify, announced on Monday that the company plans to reduce its workforce by 17 percent in its third round of layoffs for this year. Spotify’s third quarter earnings report shows that around 1,500 employees are affected. The company laid off 600 employees in January, and another 200 members…

 According to CEO Daniel Ek’s announcement on Monday, Spotify intends to lay off about 17 percent of its employees in the next round of layoffs this year. According to Spotify’s numbers in its fourth quarter earnings report, about 1, 500 employees will be affected. Recently, the business fired about 600 employees in January and another200… According to CEO Daniel Ek’s announcement on Monday, Spotify intends to lay off on 17 % of its employees in the second round of layoffs this year. According to Spotify’s numbers in its fourth quarter earnings report, about 1, 500 employees will be affected. Approximately 600 employees and another 200 employees were recently laid off by the company in January. 

Daniel Ek, the CEO of Spotify, announced on Monday that the company plans to reduce its workforce by 17 percent in its third round of layoffs for this year. Spotify’s third quarter earnings report shows that around 1,500 employees are affected. The company laid off 600 employees in January, and another 200 members…

  

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