Spotify joins the wave of layoffs, plans to reduce staff beginning this week

Spotify plans to cut personnel starting this week, joining the tsunami of layoffs

38 employees from Spotify’s Gimlet Media and Parcast podcast studios, as well as the podcast editorial crew, were let go in October. The massive music streaming company employs about 9,800 people, according to its third-quarter financial report. According to reports, Spotify Technology SA is preparing layoffs this week in order to reduce expenses. This will … Read more

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