Spotify Layoffs January 2024. The announced layoffs will be cutting 17% of spotify’s current workforce — just about 1,500 individual employees. This action placed the company alongside.
Spotify, the audio streaming platform, is laying off 6 percent of its work force, or about 600 employees, joining a growing list of big tech. Spotify is cutting 6 percent of its workforce globally in a move that’s expected to impact almost 600 employees.
Spotify Is Laying Off 17% Of Its Workforce In The Popular Music Streaming Service's Third Round Of Layoffs This Year.
Spotify now boasts 236 million premium subscribers, a 4 percent increase over last quarter, while its total number of monthly active users rose 5 percent to 602 million.
Music Streaming Giant Spotify Said On Monday That It Will Lay Off Around 1,500 Employees, Or 17% Of Its Workforce, To Bring Down Costs, After Letting 600 Of Its Staff Go In.
In january, spotify cut 6 per cent of its staff — about600 employees — and then an additional 200.
Spotify Said On Monday That It Would Cut Nearly A Fifth Of Its Work Force, Its Third Round Of Layoffs So Far This Year, As It Has Struggled To Become Consistently.
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Spotify, With A Workforce Exceeding 9,000, Previously Implemented Layoffs In January, Letting Go Of Over 500 Employees.
In january, spotify cut 6 per cent of its staff — about600 employees — and then an additional 200.
According To Financial Times, Spotify Currently Employs Around 9,000 People, Meaning This Iteration Of Cuts Will Affect Up To 1,500 Individuals.
The announced layoffs will be cutting 17% of spotify’s current workforce — just about 1,500 individual employees.
