Spotify will lay off around 1,500 employees to reduce costs in a third round of job cuts this year, CEO Daniel Ek said Monday as he announced a “significant” strategy shift for the music ...

Spotify this week laid off 15 employees in its podcast division, spanning The Ringer and Spotify Studios, Variety has confirmed. The cuts, made internally Tuesday, represent a 5% reduction in ...

Spotify will lay off six percent of its staff as chief content and advertising officer Dawn Ostroff will depart the company. ... while Microsoft earlier this week said it would lay off 10,000 people.

This is Spotify’s third major round of layoffs conducted this year. In January the company announced it would be laying off 6 percent of staff , or roughly 600 employees.

Spotify on Monday said it is cutting 6% of its staff, following a wave of layoffs at other tech and entertainment businesses as they adjust to a challenging economic environment.

The company's layoffs in June were specifically focused on downsizing its podcast division. As of 8:30 a.m. on Monday, Spotify's shares were up about 5% in premarket trading.

The announced layoffs will be cutting 17% of Spotify’s current workforce — just about 1,500 individual employees. This is the third round of layoffs in 2023.

Music streaming giant Spotify said on Monday that it will lay off around 1,500 employees, or 17% of its workforce, to bring down costs, after letting 600 of its staff go in January, and 200 more ...

Spotify’s biggest-ever round of layoffs last December, when it said goodbye to 1,500 staff, came as CEO Ek said the company was doing too much “work around the work.” ...

Music streaming service Spotify has announced its third round of layoffs in 2023. CEO Daniel Ek says 17% of staff, or about 1,500 employees, would be cut.