2h / TVBIZZ
Spotify to lay off 17 percent of its workforce in latest round of job cuts
Spotify is laying off 17 percent of its employees in an attempt to cut costs, its CEO Daniel Ek announced to staff today. Based on its total headcount of 9,241 revealed during its last earnings release, the cuts are expected to impact over 1,500 people.
In a memo sent to staff, Ek said slowing economic...