The Spotify layoffs were capped off with the announcement that Spotify CFO Paul Vogel would be leaving the company in March 2024. Ek said the reason for Vogel's departure was that they were ...

Spotify has joined a slew of other tech giants in laying off employees. Monday’s announcement shared by CEO Daniel Ek said that impacted employees, about 6% across the company, will be ...

Just days after layoff announcements from Google parent Alphabet and online retailer Wayfair boosted the firms’ stock values, Spotify shares rallied Monday as the streaming service cut hundreds ...

Spotify's announcement is the latest in a series of layoffs by some of the tech sector's most successful players as inflation and recession worries hit consumer and corporate spending. Last week ...

Spotify joined other giant media and tech companies to announce layoffs as firms pull back after a period of robust growth during the pandemic amid an economic downturn. The Swedish streaming ...

The company's announcement that it would cut 17% of ... the company’s recent disclosure of having 9,241 full-time employees. Spotify shares opened Monday at $193 per share, up 6.8% from Friday ...

Monday’s announcement is the most recent layoff announcement that Spotify has made this year, as it has made job cuts throughout 2023. At the start of the year, the company announced it would ...

The announcement of the layoffs has raised concerns about the potential impact on Spotify’s workforce and the broader music industry. The affected employees will face the challenge of finding ...

His excitement seemed discordant with the announcement that came a few paragraphs later: "We've made the difficult but necessary decision to reduce our number of employees." Spotify joins a wave ...

By Amanda Holpuch Spotify, the audio streaming platform, said on Monday that it planned to lay off about 200 people ... confusion, and announcements that were backtracked hours or days after ...

Spotify informed its employees on Monday that it will be cutting jobs this week, making it the latest in a wave of mass layoffs following hiring surges during the height of the covid-19 pandemic.

Even with all of the recent layoffs, most tech companies are still vastly larger than they were three years ago. Spotify had 4,405 employees in 2019, before the pandemic began, according to that ...