STOCKHOLM -- Spotify said Monday that it will cut 6% of its workforce to reduce costs, joining tech companies including Amazon and Microsoft in slashing headcount as the global economy slows.

Third Side Music's founders talk Spotify's bundles, synch's growth, and "genuine" independence 20 years after launching the company.

Amazon on Monday said it would lay off 110 people in its audio division Wondery, as more podcasts are including video.