What Spotify’s Layoffs Tell Us About the Future of Work

Photo by sgcdesignco on Unsplash

Earlier this month, Spotify announced a massive reduction in its workforce to the tune of 17%. This is Spotify’s third round of layoffs this year alone.

While this shouldn’t come as a surprise given the recent number of layoffs in the tech sector, what is surprising is that this round of layoffs came after Spotify posted its first profitable quarter since 2021.