Spotify Layoffs: Tech Company Plans To Sack Workforce This Week To Reduce Costs | LatestLY

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.

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