Spotify has cut 15 jobs in podcast unit to reduce management layers: Report
Swedish streaming giant Spotify has cut jobs in its podcasting division, laying off 15 employees, or about 3% of the team, in a push to reduce management layers and accelerate decision-making, as per a Bloomberg report.
As a consequence, the company will also cancel the sports programme ‘New York, New York’ with John Jastremski.
The streaming giant’s podcast journey since 2019 has been marked by strategic pivots. It initially pursued platform exclusivity before opening up distribution, including making Joe Rogan’s programme available on YouTube and Apple Podcasts.
