In a memo addressed to staff, CEO Daniel Ek said it was necessary for the company to "rightsize" after hiring too many people during 2020 and 2021. Roughly 1,500 workers are likely to be let go.
(Image credit: Toru Yamanaka/AFP via Getty Images)
Spotify to cut 17% of staff in the latest round of tech layoffs
In a memo addressed to staff, CEO Daniel Ek said it was necessary for the company to "rightsize" after hiring too many people during 2020 and 2021. Roughly 1,500 workers are likely to be let go.
(Image credit: Toru Yamanaka/AFP via Getty Images)
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