Spotify to Cut 200 Jobs in Podcast Division, Merge Gimlet and Parcast Studios.

1 min read
Source: Hollywood Reporter
Spotify to Cut 200 Jobs in Podcast Division, Merge Gimlet and Parcast Studios.
Photo: Hollywood Reporter
TL;DR Summary

Spotify is cutting around 200 jobs, or about 2% of its workforce, in its podcast division. The company will merge Parcast and Gimlet into a single Spotify Studios division, which will join The Ringer in producing Spotify originals. The move comes as Spotify aims to expand its partnership efforts with leading podcasters from across the globe with a tailored approach optimized for each show and creator.

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