Spotify Chief Executive Officer Daniel Ek informed the staff via email on Wednesday that the audio streaming company would reduce its hiring by 25 per cent, according to a source familiar with the contents of the email.
Shares hit a session high shortly after Reuters and other media reported the news and were last up 7.1 per cent.
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Spotify to slow hiring by 25%Spotify Technology SA Chief Executive Officer Daniel Ek informed the staff via email on Wednesday that the audio streaming company would reduce its hiring by 25 per cent, according to a source familiar with the contents of the email. Ek said Spotify would continue hiring, though it would slow the pace 'an
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Spotify to slow hiring by 25%Spotify Technology SA Chief Executive Officer Daniel Ek informed the staff via email on Wednesday that the audio streaming company would reduce its hiring by 25 per cent, according to a source familiar with the contents of the email. Ek said Spotify would continue hiring, though it would slow the pace 'an
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
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