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Spotify started 2024 on a high note with its impressive first-quarter performance, according to a recent report. The music-streaming giant even surpassed what analysts expected in the previous quarter.
Spotify's Multiple Rounds of Layoffs point to faster platform AI integration. Spotify is reportedly leveraging artificial intelligence (AI) across all of its platforms, a move just after its latest three rounds of layoffs in a span of one year, a move commended by Wall Street, as per a CNN report.
Tech layoffs are everywhere this 2023, and Spotify is not yet done to end the year with a bang. A new report says it is axing 17% of its workforce as part of a further adjustment.