(Reuters) -Spotify Technology SA will reduce its hiring by 25%, according to a source familiar with the contents of a companywide email, making it the latest tech company to curb expenses amid economic uncertainty.
Spotify Chief Executive Officer Daniel Ek informed the staff via email Wednesday that the world's largest on-demand audio service would continue hiring, though it would slow the pace "and be a bit more prudent" of over the next few quarters. The company said it employs about 8,230 people worldwide.
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