New Delhi: Music streaming platform Spotify on Monday introduced it was sacking 200 workers, 2 % of its workforce, from its podcast division as a part of a company reorganisation. Sahar Elhabashi, Spotify’s head of podcast division, introduced that the corporate is increasing partnership efforts with main podcasters from throughout the globe with a tailor-made method optimised for every present and creator.
“However, doing so requires adapting; over the past few months, our senior leadership team has worked closely with HR to determine the optimal organisation for this next chapter,” mentioned Elhabashi.
Those impacted by layoffs acquired emails from HR. The firm mentioned it’ll help these people with “generous severance packages, including extended healthcare coverage and immediate access to outplacement support”.
As a part of the following section, the corporate will mix Parcast and Gimlet right into a renewed Spotify Studios operation that may proceed to provide a variety of authentic reveals.
Julie McNamara, VP, Head of Global Podcast Studios, will proceed to supervise the Spotify Studios organisation, with Liliana Kim in control of Current Content for Spotify Studios alongside Liz Gateley, who shall be Head of Development.
In January this 12 months, Spotify slashed 6 % of its workforce, or about 600 staffers, globally.
The Swedish music streaming platform crossed 515 million month-to-month lively customers (MAUs) in Q1 2023, a 22 % (year-on-year) improve from 489 MAUs within the final quarter — its strongest first quarter since going public in 2018.
