How the Spotify layoffs impact its podcasting business

Jan 24 2023 by The Verge

 
Nick Barclay / The Verge

Another week, another round of layoffs. This time, it is Spotify. CEO Daniel Ek informed employees yesterday morning that the company would be cutting 6 percent of its workforce and said he took “full accountability for the moves that got us here today.” The most high-profile change is the departure of chief content and advertising officer Dawn Ostroff. And while no additional shows have been cut, advertising and business employees, particularly under...

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