(Reuters) -Spotify Technology SA said on Monday it plans to cut 6% of its workforce and would take a related charge of up to nearly $50 million, that would add
Music streaming firm Spotify Technology SA plans to cut 6% of its workforce, the company said on Monday, a move that will add to a glut of layoffs in the technology sector as companies prepare for a possible recession.
Music streaming service Spotify said Monday it s cutting 6 per cent of its global workforce, or about 600 jobs, becoming yet another tech company forced to rethink its pandemic-era expansion as the economic outlook weakens.
(Reuters) - Amazon.com Inc is planning to lay off more than 17,000 workers, 7,000 more than initially expected, the Wall Street Journal reported on We.