The job cuts continue. Spotify is cutting 6 percent of their workforce which equates to around 600 workers.
BREAKING: Spotify plans to cut 6% of its employee base and estimates that it will incur up to €45 million in severance-related charges https://t.co/pRf5mQsk9h pic.twitter.com/GPBumgn1GY
— Bloomberg (@business) January 23, 2023
This was long overdue. The tech industry employed way too many women and other minorities who did pointless and unnecessary work. Just look into female project managers if you don’t believe me.
It is also another sign of a really bad economy. These companies are going into survival mode.
