Spotify will be downsizing its podcast unit. According to The Hollywood Reporter, Sahar Elhabashi, who leads the company’s podcast unit, said that it would be reducing the company’s workforce by approximately 200 jobs.
“We are expanding our partnership efforts with leading podcasters from across the globe with a tailored approach optimized for each show and creator,” Elhabashi stated.
“This fundamental pivot from a more uniform proposition will allow us to support the creator community better. However, doing so requires adapting; over the past few months, our senior leadership team has worked closely with HR to determine the optimal organization for this next chapter.”