Spotify cuts 200 roles from its podcast division
Illustration by Kristen Radtke / The Verge
Spotify is axing approximately 200 roles from its podcasting division as part of a “strategic realignment” of the vertical. The cuts were announced today, June 5th, in a company memo published by Sahar Elhabashi, Spotify’s VP, head of podcast business, with the figure representing around 2 percent of Spotify’s total workforce.
The company will also be combining Parcast and Gimlet — two high-profile podcasting studios acquired by Spotify in 2019 — into a single Spotify Studios operation. While 11 podcasts from these networks were already axed last year, popular productions like Stolen, The Journal, Science Vs, Heavyweight, Serial Killers, and Conspiracy Theories will continue to be produced under the newly formed Spotify Studios name,…
