Spotify to cut over 1,500 jobs in third layoff this year
Spotify (Andrew Matthews/PA)
Music streaming giant Spotify said on Monday that it will lay off around 1,500 employees, or 17pc of its headcount, to bring down costs, after letting 600 of its staff go in January, and 200 more in June.
After a round of job cuts at the start of the year by tech companies, some have begun reducing their workforce again, with announcements coming from Amazon to Microsoft-owned LinkedIn.
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