Spotify to Cut 1,500 Jobs in Third Round of Layoffs this Year The music streaming service has expanded into podcasting and audiobooks but found it difficult to turn a consistent profit. Author: ADAM SATARIANO Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)Click to email a link to a friend (Opens in new window)Click to print (Opens in new window)MoreClick to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Tumblr (Opens in new window)