uidev@lemmy.worldM to

Spotify@lemmy.worldEnglish · 1 year ago

Spotify to lay off 17% of employees

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Spotify to lay off 17% of employees

uidev@lemmy.worldM to

Spotify@lemmy.worldEnglish · 1 year ago

3

Spotify jumps after saying it will cut 17% of workforce — read the full memo from CEO Daniel Ek

Spotify shares climbed roughly 10% Monday after the music streaming service said it would cut 17% of its workforce, or about 1,500 jobs.

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Squizzy@lemmy.world
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1 year ago
How big is their payroll that 17%cut increases the company’s value by 10%.
- shartedchocolate@lemmy.world
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  1 year ago
  Not very, they pay shit as far as big tech goes.