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Spotify to trim 6% of workforce in latest tech layoffs

Spotify Technology SA said on Monday (Jan 23) it plans to cut 6per cent of its workforce and would take a related charge of up to nearly $50 million (S$66 million), adding to the massive layoffs in the technology sector in preparation for a possible recession. The tech industry is facing a demand downturn after two years of pandemic-powered growth...
Dawn Ostroff Daniel Elk Joe Rogan Alex Norstr Meta Platforms Inc Microsoft Corp

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