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Shiny Shiny snippets: Spotify latest tech firm to cull staff
Swedish music-streaming giant Spotify says it will cut 6% of its about 10,000 employees, citing a need to improve efficiency. "In hindsight, I was too ambitious in investing ahead of our revenue growth," boss Daniel Ek wrote on the company's blog. Spotify has never posted a full-year net profit, despite its popularity in the online…