YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

Spotify to cut 6% of workforce

Posted online

Music streaming company Spotify is conducting a round of layoffs.

The company is slashing 6% of its workforce of roughly 10,000 employees.

"In hindsight, I was too ambitious in investing ahead of our revenue growth," CEO Daniel Ek said. "I take full accountability for the moves that got us here today."

Read more from BBC News.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
Fall 2026 Architects & Engineers Project Report

This installment of Springfield Business Journal’s Architects & Engineers Project Report showcases 26 endeavors by area design and engineering professionals.

Most Read
Update cookies preferences