Previous close | 39.40 |
Open | 39.40 |
Bid | 0.00 |
Ask | 0.00 |
Strike | 175.00 |
Expiry date | 2025-01-17 |
Day's range | 39.40 - 39.40 |
Contract range | N/A |
Volume | |
Open interest | N/A |
The technology firm said it will axe 17% of its workforce to be more efficient in the face of slower growth.
Spotify will cut more than 1,500 jobs after bosses said the company had been hit by slower growth and higher interest rates.
Spotify will axe almost a fifth of its workforce after warning that economic growth has slowed and that the group needs to “rightsize” its costs. In a memo to staff on Monday, chief executive Daniel Ek said Spotify would cut about 17 per cent of its global workforce. Spotify employs more than 9,000 people worldwide.