Audio streaming company Spotify has announced plans to lay off an unspecified number of employees as early as this week, as per a report by Bloomberg. The company, which currently employs 9,800 employees, fired 38 people from its Podcast wing last October.

Bloodbath in tech sector continues as Spotify plans layoffs to cut costs amid financial stress

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spotify layoffs

Bloodbath in tech sector continues as Spotify plans layoffs to cut costs amid financial stress