Music streaming company Spotify Technology is preparing to lay off six percent of its workforce. The company gave this information on Monday. news agency reuters Accordingly, it is being seen as a new step in the technology sector due to its scale. In the technology sector, it is being seen as a strange move to pull. It is alleged that the tech authority is currently facing a slump in demand after two years of pandemic-induced growth, which has forced the authority to pull out. According to the company, its chief content and advertising business officer Dan Ostroff will also be disappointed. Spotify had approximately 9,800 full employees as of September 30.
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Earlier, apart from the major software company Microsoft, Google and Food Fire Company have also decided to attract employees. Microsoft will publish 10 thousand of its employees from the job. The company has cited the tight situation as the reason for this. On behalf of the company, it was said on Wednesday that by the end of the third quarter of the financial year 2023, it will provide jobs in 10,000 jobs. This can be considered a sign of a boom in the US technology sector as people are facing a period of economic recession.
Alphabet, the American company running Google related to online search and tech, has announced the pulling of 12,000 workers. Recruiting will be impacted as well as engineering and product teams. The company said that the pullout is being done globally and will start with employees in the US.
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