Spotify says it's axing 17% of its global workforce, the music streaming service's third round of layoffs this year as it moves to slash costs while focusing on becoming profitable.
In a message to employees posted on the company's blog Monday, CEO Daniel Ek said the jobs were being cut as part of a “strategic reorientation.” The post didn't specify how many employees would lose their jobs, but a spokesperson confirmed that it amounts to about 1,500 people.
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https://news.google.com/rss/articles/CBMikwFodHRwczovL3d3dy50aGVzdGFyLmNvbS9idXNpbmVzcy9zcG90aWZ5LWF4ZXMtMTctb2Ytd29ya2ZvcmNlLWluLXRoaXJkLXJvdW5kLW9mLWxheW9mZnMtdGhpcy15ZWFyL2FydGljbGVfZWYzY2NjNDgtOTJhYS0xMWVlLTlmMjAtNmJiYzBhMDg3MmM3Lmh0bWzSAZcBaHR0cHM6Ly93d3cudGhlc3Rhci5jb20vYnVzaW5lc3Mvc3BvdGlmeS1heGVzLTE3LW9mLXdvcmtmb3JjZS1pbi10aGlyZC1yb3VuZC1vZi1sYXlvZmZzLXRoaXMteWVhci9hcnRpY2xlX2VmM2NjYzQ4LTkyYWEtMTFlZS05ZjIwLTZiYmMwYTA4NzJjNy5hbXAuaHRtbA?oc=5
2023-12-04 13:42:00Z
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