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TODAY'S

Spotify want to Reduce Hiring By 25 Percent?

 Spotify is a digitized media, podcasting, and video streaming service with millions of songs, but...

WHat's the matter

"

?

spotify

is cutting jobs as economic fears grow.

CEO Daniel Ek revealed that the firm will reduce hiring by 25 percent as...

technology businesses negotiate turbulent market conditions worldwide.

however,

it is unclear which areas of Spotify's business will be most affected...

ACCORDING TO THE VERGE.

As per a statement with the US Securities and Exchange Commission...

Spotify employed around 6,600 employees by the end of 2021. 

despite of

 the fact that the market may compel the company to scale back its...

aspirations, Ek stated in a worker memo that the company will continue to hire.

WHAT  DID HE SAY

"

?

“We are clearly aware of the increasing uncertainty regarding the global economy. And while we have yet to see any material impact to our business"

ADAM GROSSBERG

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