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's layoffs join Google, Amazon, Microsoft and more Not accounting for Spotify's staff cuts, more than 200,000 tech industry workers have been laid off since the start of 2022, according to ...

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 ...