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, as it became the latest big tech company to admit it expanded too quickly during the coronavirus pandemic.
Its co-founder and chief executive, Daniel Ek, told staff in a blogpost that the platform was reducing its workforce by 6% after he had been “too ambitious”.
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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, as it became the latest big tech company to admit it expanded too quickly during the coronavirus pandemic.
Its co-founder and chief executive, Daniel Ek, told staff in a blogpost that the platform was reducing its workforce by 6% after he had been “too ambitious”. Continue reading…Technology | The Guardian