Spotify cuts 17% jobs amid rising capital costs
By A Mystery Man Writer
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Spotify is eliminating about 1,500 jobs, or about 17% of its workforce, in its third round of layoffs this year as the music streaming giant looks to become “both productive and efficient.” In a note to employees Monday, Spotify founder and chief executive Daniel Ek said right-sizing the workforce is crucial for the company to […]
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Spotify cuts 17% jobs amid rising capital costs
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Spotify Shares Surge as It Cuts 17% of Its Workforce to Contain Costs
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![Spotify cuts 17% jobs amid rising capital costs](https://techcrunch.com/wp-content/uploads/2022/07/Spotify-e1659011282211.jpg)
Spotify cuts 17% jobs amid rising capital costs
![Spotify cuts 17% jobs amid rising capital costs](https://cdn.newswav.com/img/topic/technology.jpeg?mediaId=16023158)
Spotify cuts 17% jobs amid rising capital costs
![Spotify cuts 17% jobs amid rising capital costs](https://i.gzn.jp/img/2023/01/24/spotify-lay-off/00_m.png)
Spotify lays off about 1,500 people, or 17% of its workforce, due to slowing growth and rising costs - GIGAZINE
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Spotify announces job cut for 17% of employees. Fires 1500
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Spotify (SPOT): Earnings Miss But Undervalued Intrinsically
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Spotify CFO Paul Vogel Out Following Mass Layoffs and Cashing In Millions in Stocks
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