daniel ek

  • Spotify Lays Off 1,500 as Revenues Climb Works

    Spotify Lays Off 1,500 as Revenues Climb Works

    Spotify staff could be listening to a funerary dirge in their own Spotify Wraps. The company announced it was making sweeping staff cuts across the board, reducing global headcount by around 17 per cent. Merry Christmas. Spotify CEO Daniel Ek blamed the layoffs on slowing economic growth and how “capital has become more expensive.” More…