Spotify Announces Layoffs of 6% of Workforce
Image Source - Twitter

Spotify Announces Layoffs of 6% of Workforce

Music streaming giant Spotify announced on Monday that it will be laying off 6% of its workforce as part of a company-wide restructuring effort. The number of employees affected by the layoffs was not disclosed, but Spotify currently employs around 9,800 people, according to its last earnings report.