The move comes as other tech companies such as Microsoft, Amazon, Meta, and Google have also announced layoffs in recent weeks, citing a downturn in the economy and a slowdown in hiring. Despite the recent layoffs, these companies have hired many more employees than they have let go from 2020 to 2022. Spotify itself had 6,617 employees in 2021 and 9,800 a year later, prior to the layoffs.
Image Source - Twitter
