The company will cut about 2 percent of its workforce, or about 200 jobs, it said Monday.
In a memo to staff Monday morning from Sahar Elhabashi, the head of Spotify’s podcast unit, the company said that it would be reducing its workforce by about 2 percent, representing around 200 jobs.
“We are expanding our partnership efforts with leading podcasters from across the globe with a tailored approach optimized for each show and creator,” Elhabashi wrote. “This fundamental pivot from a more uniform proposition will allow us to support the creator community better. However, doing so requires adapting; over the past few months, our senior leadership team has worked closely with HR to determine the optimal organization for this next chapter.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Spotify Laying Off 200 Employees in Its Podcast DivisionSpotify is undertaking a “strategic realignment” of its podcast division, laying off about 200 staffers. Sahar Elhabashi, Spotify’s VP, head of podcast business, announced the job…
Read more »
Durst Organization ditching One Bryant Park to accommodate growing workforceThe Durst Organization will move its offices next year from its flagship tower, One Bryant Park, to one of its older towers, 1155 Sixth Ave.
Read more »
Saudi Arabia to slash oil production again as OPEC+ extends supply curbs | CNN BusinessSaudi Arabia said it would slash oil output by another one million barrels per day for at least a month starting in July as part of an effort by the OPEC+ group of leading producers to shore up crude prices.
Read more »
Under the skin: How carbon tubes can slash emissions | AutocarNawa Technologies has been showing how versatile its carbon nanotube technology is for reducing carbon emissions
Read more »
Jemele Hill Pushes Back on Wanting Joe Rogan Money Amid Spotify ExitJemele Hill issues clarifying statement on the news about her leaving Spotify soon.
Read more »