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AssetID: 53275290

Headline: Spotify Announces Massive Layoff

Caption: 'Gizmodo' reports that Spotify has announced sweeping staff cuts aimed at cutting global headcount by around 17%. The 17% staff reduction is estimated to impact almost 1,600 Spotify staff members from across the world.

Keywords: Spotify,announces,massive,layoff,sweeping,staff,cuts,workers,employees,company,music,streaming service,podcasts,reduction,global,cut costs,world,current climate,business

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