Spotify planning layoffs as soon as this week to cut costs

Spotify laid off 38 people from its Gimlet Media and Parcast podcast studios in October, as well as podcast editorial employees in September...

Spotify laid off 38 people from its Gimlet Media and Parcast podcast studios in October, as well as podcast editorial employees in September. The music streaming giant has about 9,800 employees, according to its third-quarter earnings report.

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