Spotify Slashes Global Workforce By 17% in Latest Cost-Cutting Effort ...Middle East

billboard - News
Spotify Slashes Global Workforce By 17% in Latest Cost-Cutting Effort
Calling it a “crucial step” in a wider effort to be “relentlessly resourceful,” Spotify co-founder and CEO Daniel Ek announced on Monday a 17% reduction of the company’s global workforce. That amounts to roughly 1,500 jobs, given Spotify’s recent disclosure of having 9,241 full-time employees. This is Spotify’s third round of layoffs in a year, following a 6% reduction in late January, affecting close to 600 staffers, and a targeted trimming of its podcast division in June that reduced its workforce by about 2%, representing around 200 jobs. In a memo to staff, Ek cited a global operation that was still too big an

Hence then, the article about spotify slashes global workforce by 17 in latest cost cutting effort was published today ( ) and is available on billboard ( 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 Slashes Global Workforce By 17% in Latest Cost-Cutting Effort )

Apple Storegoogle play

Last updated :

Also on site :