Spotify price hike looks more likely than ever after CEO comments around layoffs
Spotify price hike looks more likely than ever after CEO comments around layoffs Spotify needs your money When you purchase through links on our site, we may earn an affiliate commission.Here’s how it works. Music streaming giant Spotify has announced it would be cutting 6% of its staff, with around 600 employees in total departing the company. Spotify’s move is the latest in series of mass layoffs at large tech firms, withMicrosoft,Amazon, Facebook parent Meta, andGoogleparent Alphabet all having recently announced job cuts in response to the current economic downturn....