Spotify cutting 1,500 jobs in effort to reign in costs
The job cuts amount to a 17 percent reduction in Spotify’s global workforce, which was stacked at a time when the company saw explosive growth.
Daniel Ek
Viewpoint: Flushed! An open letter to Spotify’s Daniel Ek
Spotify gets 30 percent less now from each user than they did in 2016. They’re still asymptotic to profitability.
Spotify to raise price of streaming music service in 2023
Spotify says it will raise its subscription price at some point in 2023 as the company looks to offset costs and boost profits.