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Spotify is laying off 200 employees from its podcasting unit, amounting to 2% of the audio streaming company’s global workforce.
In a note Monday, the Sweden-based company said it has “made the difficult but necessary decision to make a strategic realignment” within its podcast department, including merging Parcast and Gimlet Media studios into one. Bill Simmons’ sports podcast, “The Ringer,” will remain separate.
“We are expanding our partnership efforts with leading podcasters from across the globe with a tailored approach optimized 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.
