November 26, 2022

Spotify rival Anghami reduces headcount by 22% as a part of

Spotify considering buying MENA focused rival Anghami

Spotify considering buying MENA focused rival Anghami

A wave of layoffs has began to chunk within the world music enterprise, mirroring a development within the wider expertise sector.

In August, SoundCloud began the method of lowering its world workforce by roughly 20%, blaming a “difficult financial local weather”.

US-based assortment society BMI (Broadcast Music, Inc) confirmed in the identical month that it was shedding “slightly below 10%” of its complete workforce.

Spotify was additionally reportedly lowering its new hiring earlier this 12 months, whereas extra…

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