Spotify will lay off around 1,500 employees to reduce costs in a third round of job cuts this year, CEO Daniel Ek said Monday as he announced a “significant” strategy shift for the music ...

Music streaming giant Spotify is laying off 17% of its workforce, CEO Daniel Ek said in a note to employees Monday.. Ek said the move will help "align Spotify with our future goals and ensure we ...

Spotify CEO Daniel Ek on Tuesday acknowledged that layoffs the audio streaming giant implemented in December affected production in the company's first quarter. Ek described the job cuts on ...

Spotify is laying off 17% of its workforce of roughly 9,000, its CEO Daniel Ek said Monday, marking the third round of job cuts at the music streaming giant this year. Ek said in a companywide emai… ...

Spotify said it would lay off 17% of its workforce, or about 1,500 people, as the tech downturn continues. ... Spotify stock rose about 9% on Monday morning to $196.55 a share.

The layoffs come despite Spotify reporting its first quarterly profit in a year in October — and less than a month before the Christmas holidays. Its timing is now being mocked by users on X.

Spotify’s decision to lay off 17% of its staff is the leading technology story of the morning, and I wouldn’t fault you if you were a little confused why it is doing so.After all, the music ...

Spotify, the audio streaming platform, said on Monday that it planned to lay off about 200 people, including workers at the popular podcast studios Gimlet Media and Parcast.

How the Spotify layoffs impact its podcasting business. Plus, more Hot Pod Summit updates. Plus, more Hot Pod Summit updates. by Ariel Shapiro. Jan 24, 2023, 10:15 PM UTC. Nick ...

Spotify says it’s axing 17% of its global workforce, the music streaming service’s third round of layoffs this year as it moves to slash costs while focusing on becoming profitable.

That changed in December 2023, when McDonald became one of the over 1,500 employees impacted by Spotify’s layoffs and, in the process, lost access to the data required to update Every Noise at Once.