Friday, 24 March, 2023

2023 Layoffs: 3M Slashes 2,500 While Gemini Reportedly Cuts 10% Of Its Staff

<p>Spotify announces round of layoffs that will impact around 600 people. Chief content and advertising business officer, Dawn Ostroff, will leave the company. Company says there were 9,808 full-time employees working for Spotify at the end of its most recent quarter. Employees will receive severance pay ranging from &euro;35-&euro;45 million. Shares are currently trading at $104 in pre-market trading, up 6.22% compared to Friday&#39;s closing price.</p>