Spotify Announces Layoffs For 17% Of Workforce As Desperate Profitability Struggle Bites
Spotify CEO Daniel Ek just had to break some devastating Christmas-season news to Spotify employees, letting nearly 20% of them know that they had been laid off as the company attempts to slash headcount to cut its way toward profitability heading into the new year. While understandable, it shows the notoriously unprofitable technology companies might … Read more