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Fortune
Fortune
Christiaan Hetzner

Spotify to slash headcount after CEO blasts staff for doing 'work around the work'

Spotify Daniel Ek
Spotify CEO Daniel Ek (Credit: Toru Yamanaka—AFP via Getty Images)

One day after Europe celebrated the first Christmas advent, Spotify workers woke up to the startling news that one out of every six will be losing their job.

The biggest layoffs in the platform’s 15-year history come just weeks after it posted a surprise profit for the third quarter.

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