1500 jobs slashed at tech giant: Not an exception dailytelegraph.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailytelegraph.com.au Daily Mail and Mail on Sunday newspapers.
Music streaming giant Spotify said Monday it would reduce its number of employees by around 17 percent in a bid to cut costs amid "dramatically" slower economic growth.Ek said the company now finds itself in a very different environment, noting that "economic growth has slowed dramatically and capital has become more expensive."
Music streaming giant Spotify said Monday it would reduce its number of employees by around 17 percent in a bid to cut costs amid "dramatically" slower economic growth.
Spotify cuts around 1,500 jobs as growth slows menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.