Streaming Platform news and trends

Spotify CEO on Layoffs: ‘Our Cost Structure is Too Big’

December 04, 2023
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Spotify CEO on Layoffs: ‘Our Cost Structure is Too Big’

December 04, 2023
Spotify is laying off 17% of its workforce as the streaming audio platform tries to cut costs. “The Spotify of tomorrow must be defined by being relentlessly resourceful in the ways we operate, innovate and tackle problems,” Daniel Ek, the company’s CEO, said in a message to employees Monday (Dec. 4).  “This kind of resourcefulness […]