Spotify cutting 200 jobs as part of podcasting ‘pivot’

Dozens of jobs are on the chopping block at Spotify as the music streaming platform enters the “next phase” of its podcasting strategy.

In a memo to staff on June 5, the company announced that it’s laying off approximately 200 employees, or two per cent of its workforce.

“We are expanding our partnership efforts with leading podcasters from across the globe with a tailored approach optimized for each show and creator,” Sahar Elhabashi, vice-president and head of Spotify’s podcast business, said.

“This fundamental pivot from a more uniform proposition will allow us to support the creator community better.”

The reduction comes just months after the company eliminated six per cent of its global workforce in January.

According to LinkedIn, Spotify employs more than 14,000 people. Over 200 are located in Canada.

Impact on Canadian staff

Spotify didn’t disclose how many employees in Canada are affected by the latest round of job cuts.

The company’s Canadian headquarters is currently located in Toronto, Ontario.

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