Daniel Ek says Spotify plans to reduce the pace of hiring by 25% as “things could get worse”; Spotify’s stock rises 10%+ (The Hollywood Reporter)

Daniel Ek says Spotify plans to reduce the pace of hiring by 25% as “things could get worse”; Spotify’s stock rises 10%+ (The Hollywood Reporter)

The Hollywood Reporter:
Daniel Ek says Spotify plans to reduce the pace of hiring by 25% as “things could get worse”; Spotify’s stock rises 10%+  —  As the music streaming giant’s stock jumps, CEO Daniel Ek addresses macro-economic challenges, saying “only the prepared survive, and we’re preparing as if things could get worse.”