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Read Latest Technology News Quickly Here | In January Spotify announced that it was cutting 6 per cent of its global workforce, or about 600 jobs. Elhabashi also said Monday that the Stockholm company would be combining podcast networks Parcast and Gimlet into its Spotify Studios operation.
200 employees are losing their jobs.
As part of the next phase, the company will combine Parcast and Gimlet into a renewed Spotify Studios operation that will continue to produce a wide range of original shows.
Spotify is cutting about 200 people, or 2% of its workforce, as the streaming company reworks its podcast unit
Spotify announces letting go of 200 employees as it plans to merge Parcast and Gimlet into Spotify Studios.