{"id":8723,"date":"2023-01-23T16:37:57","date_gmt":"2023-01-23T15:37:57","guid":{"rendered":"http:\/\/costops.com\/index.php\/2023\/01\/23\/spotify-to-cut-600-jobs-after-ceo-admits-to-expanding-too-quickly\/"},"modified":"2023-01-23T16:37:57","modified_gmt":"2023-01-23T15:37:57","slug":"spotify-to-cut-600-jobs-after-ceo-admits-to-expanding-too-quickly","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2023\/01\/23\/spotify-to-cut-600-jobs-after-ceo-admits-to-expanding-too-quickly\/","title":{"rendered":"Spotify to cut 600 jobs after CEO admits to expanding too quickly"},"content":{"rendered":"<p>Music streaming service becomes latest tech firm to announce cuts after pandemic overexpansion<\/p>\n<p>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.<\/p>\n<p>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 \u201ctoo ambitious\u201d.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/technology\/2023\/jan\/23\/spotify-to-cut-600-jobs-ceo-admits-expanding-too-quickly-pandemic-tech\">Continue reading&#8230;<\/a><br \/>\n<img src=\"https:\/\/i.guim.co.uk\/img\/media\/edc5275ba85266b893ac56fd9e070097a6464465\/0_0_4308_2586\/master\/4308.jpg?width=140&amp;quality=85&amp;auto=format&amp;fit=max&amp;s=037bacee79063c49a5325d4053b3cf8d\" title=\"Spotify to cut 600 jobs after CEO admits to expanding too quickly\" \/>Music streaming service becomes latest tech firm to announce cuts after pandemic overexpansion<br \/>\nThe 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.<br \/>\nIts 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 \u201ctoo ambitious\u201d. Continue reading&#8230;Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/costops.com\/index.php\/2023\/01\/23\/spotify-to-cut-600-jobs-after-ceo-admits-to-expanding-too-quickly\/\"> <span class=\"screen-reader-text\">Spotify to cut 600 jobs after CEO admits to expanding too quickly<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":0,"featured_media":8724,"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\/8723"}],"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=8723"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/8723\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/8724"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=8723"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=8723"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=8723"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}