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  3. Spotify to cut staff as soon as this week: Bloomberg

Spotify to cut staff as soon as this week: Bloomberg

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(File Photo) A smartphone is seen in front of a screen projection of Spotify logo, in this picture illustration taken April 1, 2018. (Reuters/Dado Ruvic/Illustration)

Spotify Technology (SPOT.N) is planning layoffs as soon as this week to cut costs, Bloomberg News reported on Sunday.

The report, which cited sources, said that the number of jobs being eliminated was not specified.

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