Spotify is cutting 200 jobs, about 2% of its workforce, in a revamp of its podcast business. Sahar Elhabashi, VP, Head of Podcast Business, outlined the plans in a blog post. “We are expanding our partnership efforts with leading podcasters from across the globe with a tailored approach optimized for each show and creator,” the exec explained. “This fundamental pivot from a more uniform proposition will allow us to support the creator community better.
However, doing so requires adapting.” The cuts follow a larger staff reduction earlier this year, when 6% of the total workforce (then at 9,800) left the company.
One prominent departure amid those layoffs was Dawn Ostroff, a TV industry veteran and former head of Condé Nast Entertainment who had signed a number of pricey and high-profile talent deals during her tenure at Spotify.
In recent months, a number of prominent podcast names have left Spotify, among them Jemele Hill, Brené Brtown, Esther Perel and and Barack and Michelle Obama’s Higher Ground.
Read more on deadline.com
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