{"id":12489,"date":"2023-12-04T10:37:58","date_gmt":"2023-12-04T09:37:58","guid":{"rendered":"https:\/\/costops.com\/index.php\/2023\/12\/04\/spotify-cuts-almost-1600-jobs-amid-rising-costs\/"},"modified":"2023-12-04T10:37:58","modified_gmt":"2023-12-04T09:37:58","slug":"spotify-cuts-almost-1600-jobs-amid-rising-costs","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2023\/12\/04\/spotify-cuts-almost-1600-jobs-amid-rising-costs\/","title":{"rendered":"Spotify cuts almost 1,600 jobs amid rising costs"},"content":{"rendered":"<p>Music streaming service axes 17% of workforce in latest round of redundancies at big tech companies<\/p>\n<p>Spotify is cutting almost 1,600 jobs as the music streaming service blamed a slowing economy and higher borrowing costs in the latest round of redundancies at big tech companies.<\/p>\n<p>Daniel Ek, Spotify\u2019s billionaire founder and chief executive, revealed that the company had decided to cut 17% of its workforce, the third and steepest round of redundancies of 2023.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/technology\/2023\/dec\/04\/spotify-cut-jobs-amid-rising\">Continue reading&#8230;<\/a><br \/>\n<img src=\"https:\/\/i.guim.co.uk\/img\/media\/ae483ce4f1bfc5497fee1b5387711d1ff0172ec9\/163_0_3270_1963\/master\/3270.jpg?width=140&amp;quality=85&amp;auto=format&amp;fit=max&amp;s=5094584c05f4132ab4bbe6d17bc3fb3f\" title=\"Spotify cuts almost 1,600 jobs amid rising costs\" \/>Music streaming service axes 17% of workforce in latest round of redundancies at big tech companies<br \/>\nSpotify is cutting almost 1,600 jobs as the music streaming service blamed a slowing economy and higher borrowing costs in the latest round of redundancies at big tech companies.<br \/>\nDaniel Ek, Spotify\u2019s billionaire founder and chief executive, revealed that the company had decided to cut 17% of its workforce, the third and steepest round of redundancies of 2023. Continue reading&#8230;Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Music streaming service axes 17% of workforce in latest round of redundancies at big tech companies Spotify is cutting almost 1,600 jobs as the music streaming service blamed a slowing economy and higher borrowing costs in the latest round of redundancies at big tech companies. Daniel Ek, Spotify\u2019s billionaire founder and chief executive, revealed that &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/costops.com\/index.php\/2023\/12\/04\/spotify-cuts-almost-1600-jobs-amid-rising-costs\/\"> <span class=\"screen-reader-text\">Spotify cuts almost 1,600 jobs amid rising costs<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":0,"featured_media":12490,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/12489"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=12489"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/12489\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/12490"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=12489"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=12489"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=12489"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}