Spotify will lay off 6 percent of its workforce globally, the company’s CEO Daniel Ek announced in an all-staff memo today. Spotify had just over 9,800 full time employees as of its last earnings report, meaning today’s layoffs affect a little under 600 staff.
Ek announced the layoffs as part of an organizational restructure, which is aimed at increasing efficiency, reducing costs, and speeding up decision-making. “As part of this effort, and to bring our costs more in line, we’ve…
