Spotify cut nearly one-fifth of its workforce, or about 1500 staffers, representing the third round of layoffs this year.
Share:
More In Business

Walgreens Agrees to $10 Billion Private Equity Takeover
Walgreens Boots Alliance says it has agreed to be acquired by the private equity firm Sycamore Partners.

Big Business This Week: Those On-Again, Off-Again Tariffs!
No one's happy about anything this week, it seems, not even lumberjacks, Gen Z music fans, and Goldman Sachs VPs.

You may want to jump off Wall Street’s wild ride, but markets do this
Much like all the upheaval shaking the world, the huge swings rocking Wall Street may feel far from normal. But, for investing at least, this is normal.

Trump Grants One-Month Exemption for US Automakers from New Tariffs
President Donald Trump is granting a one-month exemption on his stiff new tariffs on imports from Mexico and Canada for U.S. automakers.

Big Business This Week: Fear, Greed, and Eggs
Who's being chicken about eggs? Plus, cable's last(?) stand, quantum competition, and crypto crime.
