Spotify Layoffs: Tech Company Plans To Sack Workforce This Week To Reduce Costs
The tech company is planning layoffs as soon as this week in an effort to curtail costs. Spotify will be joining a slew of tech companies including Amazon, Meta, Google and others in announcing job cuts to lower costs.
According to reports, tech company Spotify is planning to layoffs employees amid the ongoing season of hiring and firing in the tech sector. As per a report in Bloomberg, the tech company is planning layoffs as soon as this week in an effort to curtail costs. Spotify will be joining a slew of tech companies including Amazon, Meta, Google and others in announcing job cuts to lower costs. Layoff Season 2023: About 3,000 Tech Employees Now Being Fired A Day on Average in January Globally and in India.
Check Tweet:
Spotify is planning layoffs as soon as this week in an effort to curtail costs https://t.co/IgbRfdZNPP
— Bloomberg (@business) January 23, 2023
(SocialLY brings you all the latest breaking news, fact checks and information from social media world, including Twitter (X), Instagram and Youtube. The above post contains publicly available embedded media, directly from the user's social media account and the views appearing in the social media post do not reflect the opinions of LatestLY.)
(The above story first appeared on LatestLY on Jan 23, 2023 09:17 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).
