Spotify to cut 600 jobs after CEO admits to expanding too quickly

Spotify to cut 600 jobs after CEO admits to expanding too quickly

a year ago
Anonymous $gM56WhLPcK

https://www.theguardian.com/technology/2023/jan/23/spotify-to-cut-600-jobs-ceo-admits-expanding-too-quickly-pandemic-tech

Music streaming service becomes latest tech firm to announce cuts after pandemic overexpansion

The music streaming service Spotify has said it is cutting about 600 jobs, becoming the latest big tech company to admit it expanded too quickly during the coronavirus pandemic.

Spotify to cut 600 jobs after CEO admits to expanding too quickly

Jan 23, 2023, 4:29pm UTC
https://www.theguardian.com/technology/2023/jan/23/spotify-to-cut-600-jobs-ceo-admits-expanding-too-quickly-pandemic-tech > Music streaming service becomes latest tech firm to announce cuts after pandemic overexpansion > The music streaming service Spotify has said it is cutting about 600 jobs, becoming the latest big tech company to admit it expanded too quickly during the coronavirus pandemic.