Spotify layoffs: Company's CEO admits job cuts disrupted 'day-to-day operations'
Spotify layoffs: Daniel Ek said that the company took four months to settle in with the new change and is back on track now.
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Spotify layoffs: Daniel Ek said that the company took four months to settle in with the new change and is back on track now.
Tech companies such as Spotify, ZestMoney, and Yahoo have announced fresh rounds of layoffs. Here’s what you need to know.
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.
In a message to the staff, Spotifys CEO Daniel Ek explained the job cuts as a measure to align the companys growth with capital costs.
The laid off staffers amounts to 17 per cent of Spotify's global workforce