Spotify will reduce its total headcount by around 17% across the company, it said in an email on Monday, after laying of 6% of this staff in January citing higher costs.
Reuters: Spotify to reduce staff by 17% in third layoff this year
Important information - This article isn’t personal advice. If you’re not sure whether an investment is right for you please seek advice. If you choose to invest the value of your investment will rise and fall, so you could get back less than you put in.