Boston Business Journal

Spotify cut 1,500 jobs, still has ‘a team' in Boston, but less space

AP Photo/Patrick Semansky, File

Spotify still has some remaining team members in the Boston area following the third round of layoffs the company did this year.

In a public filing, the music streaming service headquartered in Sweden (NYSE: SPOT) reported Monday that it plans to reduce its employee base by approximately 17% in a push to reach "meaningful operating efficiencies."

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