Spotify to Trim 6 Percent of Workforce in Latest Tech Layoffs

Spotify to Trim 6 Percent of Workforce in Latest Tech Layoffs
Smartphone in front of a screen projection of the Spotify logo. April 1, 2018. Dado Ruvic/Illustration/Reuters
Updated:

Music streaming service Spotify said on Monday that it will cut six percent of its workforce, or about 600 jobs, joining a growing list of technology companies in announcing job cuts to lower costs.

CEO Daniel Ek announced the restructuring in a message to employees that was also posted on the company’s blog.