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Spotify joins layoff trend in tech

Swedish audio streaming company Spotify has announced plans for a round of layoffs that is expected to impact around 6% of its global workforce of some 10,000 employees. The company has thus become the latest in a slew of tech firms announcing job cuts aimed at cutting costs.

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UN warns about Turkish inflation

The country’s program to slash interest rates sent prices to a 24-year high last year The UN expects inflation in Türkiye to fall to an average of 42.4% by the end of the year, much higher than the country’s own official projections, The World Economic Situation and Prospects report, published on Wednesday, says.

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Clash with China around the corner – top US general

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