A long line of tech giants have recently announced major reductions in staff. Google owner Alphabet announced as recently as last Friday that it will get rid of 6 percent of its workforce, equivalent to 12,000 positions.
Amazon.com, Facebook owner Meta Platforms and software giant Microsoft have also issued unusually large notices in the wake of reduced advertising revenue and a shaky financial outlook.
A spokesperson for Spotify has declined to comment on the information that a notice is planned.