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Spotify To Cut About 17% Staff

Spotify To Cut About 17% Staff

Spotify Technology SA, a provider of digital music, podcast, and video service, said it is eliminating total headcount by around 17% across the company amid its efforts to cut costs to become "productive and efficient." The decision will affect around 1,500 employees, reports said. In pre-market activity on the NYSE, Spotify shares were gaining more than 2 percent.
RTTNews | 626天前