The audio company employs around 9,800 people.
is set to have layoffs as soon as this week as the company moves forward with plans to reduce operational expenses, according to a person familiar with the matter.
The layoffs are expected to be more broad than a previous round of cuts in October, which impacted staff members working onSpotify executives have previously signaled plans to reduce headcount-related expenses, with CEO Daniel Ek telling staff last June that the company wouldand “be a bit more prudent with the absolute level of new hires over the next few quarters.
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