Spotify to Reduce Hiring By 25% Amid Slowing Subscriber Growth
Spotify to Reduce Hiring By 25% Amid Slowing Subscriber Growth, Recession Fears
After reporting modest subscriber growth for Q1 2022 – and seeing its stock hit a record low of $89.03 per share amid a selloff in the tech space – Spotify is now set to decrease the number of employees it hires by 25 percent.
