is laying off 200 employees from its podcasting unit, amounting to 2 percent of the audio streaming company's global workforce.
"We are expanding our partnership efforts with leading podcasters from across the globe with a tailored approach optimised for each show and creator," Spotify VP Sahar Elhabashi wrote in the note. "This fundamental pivot from a more uniform proposition will allow us to support the creator community better."Spotify has bet big on podcasts in recent years. In 2019, it redesigned the app to emphasise them, and has spent more than US$500 million on podcast producing studios.
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Source: SkyNewsAust - 🏆 7. / 78 Read more »