Spotify plans to lay off ~17% of its workforce, or ~1,500 staff, to "rightsize" its costs, after cutting 6% in June, citing slow growth and rising capital costs (Manish Singh/TechCrunch)

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Manish Singh / TechCrunch:

Spotify plans to put off ~17% of its workforce, or ~1,500 employees, to “rightsize” its prices, after slicing 6% in June, citing gradual development and rising capital prices  —  Spotify is eliminating about 17% jobs, its third spherical of layoffs, because the music streaming appears to grow to be “each productive and environment friendly.”