200 podcasting jobs cut at Spotify
Spotify is to cut 200 jobs from its podcasting division. The company says that’s 2% of Spotify’s global workforce; but these are substantial cuts to the podcast division. While Spotify couldn’t tell us how many staff work in podcasting overall, various reports suggest Gimlet has around 125 employees, Parcast has about 40, and The Ringer about 120.
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- The company’s Parcast and Gimlet production studios will be merged as “Spotify Studios”; The Ringer is to continue as a separate brand.Spotify 🇸🇪Â
- Sahar Elhabashi, VP, Head of Podcast Business, also announces: “Simultaneously, in collaboration with the podcasting community, we are broadening our analytics capabilities by expanding Spotify For Podcasters, which will help creators maximize their audience on Spotify and beyond.” We’ve asked Spotify for more details on this.Spotify 🇸🇪Â