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A trading post sports the Spotify logo on the floor of the New York Stock Exchange, Tuesday, April 3, 2018. Spotify said Monday, Dec. 4, 2023 it's axing 17% of its global workforce, in the music streaming service's third round of layoffs this year as it tries to slash costs while focusing on profitabilty. (AP Photo/Richard Drew, File)

A trading post sports the Spotify logo on the floor of the New York Stock Exchange, Tuesday, April 3, 2018. Spotify said Monday, Dec. 4, 2023 it's axing 17% of its global workforce, in the music streaming service's third round of layoffs this year as it tries to slash costs while focusing on profitabilty. (AP Photo/Richard Drew, File)

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