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Spotify cuts its employees by 17% - News

2023-12-04T09:09:32.124Z

Highlights: Spotify cuts its employees by 17% - News. Daniel Ek, difficult but crucial choice to be stronger. Music streaming company Spotify announces that it will cut its staff by 17%. "To align Spotify with our future goals and ensure we are at the right size for the challenges we face, I have made the difficult decision to reduce the company's headcount by approximately 17%," reads a message from the CEO, Daniel Ek. It's a "difficult decision, but a crucial step in creating a stronger and more efficient Spotify in the future"


Daniel Ek, difficult but crucial choice to be stronger (ANSA)


Music streaming company Spotify announces that it will cut its staff by 17%. "To align Spotify with our future goals and ensure we are at the right size for the challenges we face, I have made the difficult decision to reduce the company's headcount by approximately 17%," reads a message from the CEO, Daniel Ek, published on the Swedish streaming giant's website. It's a "difficult decision, but a crucial step in creating a stronger and more efficient Spotify in the future."


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Source: ansa

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