Spotify announces shock 1,500 jobs cull amid ‘dramatic’ economic slowdown’

Spotify announces shock 1,500 jobs cull amid ‘dramatic’ economic slowdown’ – UPI.com ...Middle East

TOP world News today - News

Spotify, the world’s largest music streaming platform, announced Monday its third round of layoffs in less than a year cutting 17% of its almost 9,000-strong workforce despite a $71 million third-quarter profit, citing a need to cut costs. File photo by Monika Graff/UPI Dec. 4 (UPI) — Music streaming giant Spotify announced Monday its third round of layoffs in less than a year cutting 17% of its almost 9,000-strong workforce despite a $71 million third-quarter profit, citing a need to cut costs amid a slowing economy. The headcount reduction, which amounts to around 1,500 people, was necessary to make the company leaner and more efficient in line with Spotify’s future goals and ensure

Hence then, the article about spotify announces shock 1 500 jobs cull amid dramatic economic slowdown upi com was published today ( Monday 04/12/2023 - 04:09 PM ) and is available on TOP world News today ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Spotify announces shock 1,500 jobs cull amid ‘dramatic’ economic slowdown’ – UPI.com )

Last updated : 04 Dec 2023 clock 04:09 PM

Also on site :

Spotify announces shock 1,500 jobs cull amid ‘dramatic’ economic slowdown’ – UPI.com ...Middle East

USC football breakdown: How the Trojans look at quarterback

California bill aims to rein in mental health coverage denials that leave kids without care

Luke Powell's Shrewsbury Town player ratings: Four 8s and several 7s after crucial win

Zionist enemy detains worshippers inside Mosque in Ramallah

Percentage of Americans Calling ICE Tactics & 039;Too Tough& 039; Rises: Poll

Virginia Speaker (and Former Crack Dealer) Gets High on His Own Supply Accusing Trump of Murder

The 2026 Toyota Corolla Cross HV Hybrid XSE SUV

Hillsborough Law amendment pulled amid fears over opt-out for spies

New Hampshire bishop warns clergy to prepare for 'new era of martyrdom'

Three possible reasons why Roman Reigns is reportedly out of title picture at WWE WrestleMania 42

Who Is Katie Bates’ Husband Travis Clark? What We Know About the Affair Admission

Illinois woman wins $3 million after last-minute change to another gas station

Shawbury United give themselves hope as Haughmond denied and Telford Town up to second - round-up

Zionist enemy has begun stripping Ibrahimi Mosque administration of its powers

‘We believe in Allah, but we can’t do anything’: Somali shops reel in Minneapolis because ICE is bad for business