Spotify Lays Off 200 Podcast Employees, Restructures Division

Spotify is cutting 200 jobs in its podcast division, about 2% of its workforce, as part of a "strategic realignment."
Spotify will merge its Parcast and Gimlet groups into a renewed Spotify Studios operation.
Spotify is scaling back its original content strategy and focusing on delivering more value for creators and users.
Spotify plans to conduct another round of layoffs affecting the podcast division as part of a corporate reorganization.
Spotify will cut 200 positions, equaling 2% of its workforce, as it slims down its internal podcast operations.