Spotify joins layoff trend in tech ...News

Russia Today - News
Spotify joins layoff trend in tech
source : Russia Today ( News ) () 21
The music-streaming giant will cut 6% of its workforce Swedish audio streaming company Spotify has announced plans for a round of layoffs that is expected to impact around 6% of its global workforce of some 10,000 employees. The company has thus become the latest in a slew of tech firms announcing job cuts aimed at cutting costs.  The move, which was announced earlier this week, will impact around 600 employees and is expected to improve the company’s efficiency, according to a statement. Many tech companies added to their headcounts during the pandemic, but have since had to shed employees due to dropping adverti

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