Audio streaming platform Spotify is laying off 6% of its staff, becoming the latest in a series of tech firms to make major cuts, the company announced Monday. The cuts come less than a week after Microsoft and Google parent Alphabet both laid off more than 10,000 employees each as Big Tech firms cut costs following pandemic-related spending sprees. Spotify had roughly 9,800 employees through September 2022, so the company will likely cut less than 600 staffers Monday, according to Reuters.
Read MoreSpotify Announces Hundreds Cut from Workforce
