Spotify CEO says layoffs brought 'more' disruption than expected but were 'right strategic decision'

Spotify CEO Daniel Ek on Tuesday acknowledged that layoffs the audio streaming giant implemented in December affected production in the company's first quarter. 

Ek described the job cuts on Spotify’s earnings call as a "significant challenge" that the Sweden-based company contended with.

"Although there’s no question that it was the right strategic decision, it did disrupt our day-to-day operations more than we anticipated," he said.

Spotify’s layoffs in December affected roughly 1,500 workers...