Spotify Announces Mass Layoffs for the 3rd Time This Year

Erupted by the COVID-19 pandemic global economic crisis, It has increased companies’ costs significantly. This being the case, 2023 has been recorded as a period in which even the largest companies are downsizing. However, the end of the downsizing period it never came.

Today, it is the world’s largest online music and podcast platform. SpotifyA new mass layoff decision came from. According to the statement made by company CEO Daniel Ek, another 17 percent of the staff will be laid off. Spotify in its latest financial statement 9,250 He announced that he had around 100 employees.

At least 1,500 more people will be laid off

In the statement made by Spotify CEO Daniel Ek, the reasons for the dismissal were not included. But Ek is something we are not used to didn’t say. Stating that global economic uncertainty continues, Spotify CEO stated that they have to reduce costs. However, we should point out that the personnel dismissed from Spotify will receive, in addition to five months’ compensation, the company’s from health insurance service will continue to benefit.

Let’s explain for those wondering: Spotify, with what was announced today total 3 times made mass layoffs. The company, which parted ways with 600 employees in January and another 200 a few months later, will now carry out its largest mass layoff. Whether this will be the last In the coming period We’ll see.