Spotify to Cut 6% of Workforce in Latest Tech Layoffs - The Wall Street Journal

Spotify Technology SA is laying disconnected 6% of its employees arsenic portion of broader cost-cutting measures aft the streaming institution went connected a spending spree during the pandemic.

The company’s determination is the latest successful a question of exertion layoffs, arsenic the manufacture recalibrates aft increasing rapidly implicit the past fewer years and up of a imaginable recession.