Spotify To Announce Layoffs This Week
Jan 23, 2023 ·
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Description
Spotify Technology, the Swedish audio streaming giant, is preparing to announce layoffs as soon as this week. Bloomberg reports that the number of job cuts under consideration at the popular...
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Spotify Technology, the Swedish audio streaming giant, is preparing to announce layoffs as soon as this week.
Bloomberg reports that the number of job cuts under consideration at the popular streaming service is not clear, citing unnamed people who are familiar with the matter.
Tech firms have cut thousands of jobs in the last year as slowing advertising revenues and recession fears prompt reassessments of headcounts that ballooned during the COVID-19 pandemic.
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Bloomberg reports that the number of job cuts under consideration at the popular streaming service is not clear, citing unnamed people who are familiar with the matter.
Tech firms have cut thousands of jobs in the last year as slowing advertising revenues and recession fears prompt reassessments of headcounts that ballooned during the COVID-19 pandemic.
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Author | Africa Business Radio |
Organization | Africa Business Radio |
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