Spotify UK sees profits rise despite cutting nearly 200 of its staff

Spotify’s UK branch has cut its workforce by nearly 200 roles in 2024 but saw a rise in profits, new accounts at Companies House reveal. Over the latest financial year, the division shrank from 1,039 to 874 employees, but pre-tax profits rose from £22.3m to £24.5m. This is also despite a slight drop in revenue … Continue reading Spotify UK sees profits rise despite cutting nearly 200 of its staff