Spotify Technology SA laid off 15 people, approximately 3% of its podcasting team, as the company reorganizes to create fewer layers of management and faster decision-making.
As part of the cuts, the Ringer sports program New York, New York with John Jastremski will be canceled, according to a person familiar with the moves who asked to not be identified.
“Spotify does not comment on staffing shifts,” a spokesperson for the company said.
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Since its entrance into the podcast space in 2019, the Swedish streaming giant has reevaluated its efforts on multiple occasions. It first made podcasts exclusive to the platform before making them more widely available, like it did with Joe Rogan's program, which can now be accessed on YouTube and Apple Podcasts.
The company acquired studios such as Gimlet Media and Parcast, and then cut staff, consolidating them under the umbrella of Spotify Studios. This year, the company began distributing certain Ringer programs, including that of founder Bill Simmons, on Netflix Inc.
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