The earnings release comes a week after Spotify announced layoffs affecting six percent of its company, or a little under 600 employees. But, much like other tech companies facing the same economic downturn, Spotify’s latest earnings release suggests its financial situation hasn’t significantly worsened in recent months. But as my colleague Elizabeth Lopatto recently wrote, the reasoning behind these industry layoffs could have more to do with investors than raw profitability.
Spotify did…
