Spotify Cuts 1,500 Jobs to ‘Rightsize Costs’

Spotify is eliminating approximately 17 per cent of its workforce, or 1,500 jobs.

The reduction marks the music streaming platform’s third mass layoff of the year. It cut around 600 jobs in January and another 200 in June.

What’s happening at Spotify?

In an email to staff that was obtained by CNBC, Spotify CEO Daniel Ek said the company is cutting hundreds of jobs to align with “our future goals and ensure we are right-sized for the challenges ahead.”

“I realize that for many, a reduction of this size will feel surprisingly large given the recent positive earnings report and our performance,” Ek noted in the Dec. 4 email.

“We debated making smaller reductions throughout 2024 and 2025. Yet, considering the gap between our financial goal state and our current operational costs, I decided that a substantial action to rightsize our costs was the best option to accomplish our objectives.”

Impact in Canada

It remains unclear how many Spotify employees in Canada are affected by the latest reduction.

According to the company’s LinkedIn page, it employs a national workforce of more than 200 people.

📺 WATCH: Everything You Need to Know About Mass Terminations

Lost Your Job? Get Help Now

📞 Contact Samfiru Tumarkin LLP: 1-855-821-5900 or request a consultation online.

Our experienced employment lawyers in Ontario, Alberta, and British Columbia (BC) have helped tens of thousands of non-unionized individuals resolve their workplace issues, including wrongful dismissals.

If you’ve lost your job at Spotify for any reason, don’t panic. We can review your situation, assess your legal options, and help you secure the compensation you’re legally entitled to.