Spotify cuts 6% of workforce, content material chief to depart as CEO Ek stresses ‘effectivity’

Layoffs have hit music streaming large Spotify (SPOT). The corporate introduced plans to chop 6% of its workforce, or about 600 workers, early Monday, a transfer that comes after a difficult 2022 for the enterprise that noticed Spotify inventory lose greater than two-thirds of its worth. Along with employees cuts, Spotify introduced an government reshuffling, […]