Illustration by Nick Barclay / The Verge
Spotify will lay off 6 percent of its workforce globally, the company’s CEO Daniel Ek announced in an all-staff memo today. Spotify had just over 9,800 full time employees as of its last earnings report, meaning today’s layoffs affect a little under 600 staff. Dawn Ostroff, head of content and ads who has been instrumental in growing Spotify’s podcasting business, is also leaving the company.
The layoffs make Spotify the latest tech company to cut its workforce in the midst of a global economic downturn. Google announced plans to Read Entire Article
