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 […]

Spotify lays off 1,500 people in third axing of 2023

Spotify cuts 17% jobs amid rising capital costs

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Spotify will slash 17% of its workforce in the second round of cuts this year after a series of high profile investments including Joe Rogan, Call Her Daddy and Harry and Meghan costing almost $300million

Spotify cuts 17% jobs amid rising capital costs

Spotify's latest round of layoffs to cut 1,500 jobs in battle to become profitable

Spotify cuts 17% jobs amid rising capital costs

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