As a music psychology graduate, joining Spotify was a dream come true ... At the end of 2023, I was among the 17% affected by layoffs at the company I'd dreamed of joining. Since then, I've ...

Sophia Omarji, a user researcher from the UK, relocated to Sweden after landing a job at Spotify straight after graduation.

His entrance followed the most painful cost-cutting exercise Spotify has ever had to carry out, saying goodbye to 17% of its workforce as part of its biggest-ever round of layoffs in December 2023.

Spotify Technology (SPOT ... which has included everything from mass layoffs and C-suite shakeups to a major strategic shift away from podcasts, an area it had aggressively pursued.

The results mark the culmination of months-long efforts by Spotify to boost profitability through price increases and cost cuts, including layoffs, reduced marketing spend and a pullback from ...

Those efforts have included reducing costs through layoffs and shifts away from its beleaguered podcasts strategy. Spotify is the largest music streamer in the world in terms of monthly active users.

The streaming giant closed out its first full year of profitability in 2024 while growing listeners to a new record. Just over a year after laying off 1,500 of its workers and parting ways with its ...

Spotify Technology shares were rising Tuesday after the audio streamer said it had added more subscribers than Wall Street was expecting over the fourth quarter, helping revenue to top estimates. The ...

Spotify Technology posted fiscal fourth quarter earnings on ... The results follow an intense business overhaul, which has included everything from mass layoffs and C-suite shakeups to a major ...