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Spotify cutting about 2% of its workforce, roughly 200 workers

Spotify is cutting about 200 people, or 2% of its workforce, as the streaming company reworks its podcast unit

By AP News
Published - Jun 05, 2023, 01:30 PM ET
Last Updated - Jun 21, 2023, 12:44 PM EDT

Spotify is cutting about 200 people, or 2% of its workforce, as the streaming company reworks its podcast unit. 

Sahar Elhabashi, vice president, Head of Podcast Business, said in a memo that impacted employees would receive severance packages including extended healthcare coverage and immediate access to outplacement support. 

In January Spotify announced that it was cutting 6% 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.  

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