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Spotify Layoffs 2024

Spotify Layoffs 2024. On tuesday, the streaming giant reported its earnings for the first quarter of 2024, where it revealed that spotify had made a quarterly profit of 197 million euros, or $210 million. Spotify ceo daniel ek has announced layoff plans impacting 17 percent of the company's global workforce, or around 1,500 employees, for cost cutting.


Spotify Layoffs 2024

The backlash is partly due to spotify’s 2023 layoffs and increased reliance on ai for curation. Spotify ceo daniel ek is getting rid of 17% of his staff in a return to its roots as a scrappy startup.

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