Spotify cuts 1,500 jobs in third layoff of 2023

By Lucas Shaw
Published 2 Min Read

Hand holding a cell phone with the Spotify logo on the screen
Adobe Stock

Spotify Technology is cutting 17% of its workforce, marking at least the third time that the streaming service has carried out mass layoffs this year in an effort to shrink costs and drive profitability. 

Employees affected by the layoffs will be notified on Monday, the music streaming company said in a statement. Roughly 1,500 jobs are being eliminated, a spokesperson said. 

Lucas Shaw

For reprint and licensing requests for this article, click here.


More From Employee Benefit News

Sign Up Form

Login Modal Form