Sahar Elhabashi, VP, Head of Podcast Business, outlined the plans in ablog post.
This fundamental pivot from a more uniform proposition will allow us to support the creator community better.
However, doing so requires adapting.
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And were frustrated by the mismanagement that led us here.
(Read the dual statement below.
The new round of cutbacks, Elhabashi maintained, do not indicate a step-back from originals.
As a key component of our focus on creators, we remain committed to original programming, she wrote.
A new executive structure was announced along with the 2% cuts.
Spotify informed us this morning that we have been absorbed into Spotify Studios.
This comes on top of sizable layoffs last year.
Were heartbroken again for our coworkers who have lost their jobs.
And were frustrated by the mismanagement that led us here.
This has been tacitly acknowledged by Spotify, as leadership have since reversed that decision.
Beyond missteps in programming, Spotify also refused to fund Parcasts DEI Committee as stipulated in its union contract.
These were shows that turned people into podcast listeners.
Some formerly Gimlet shows will continue production.
But all will be affected by todays loss.
Spotify acquired Gimlet because it saw something special in the studio.
Sadly, the majority of those employees lost the jobs they toiled at so tirelessly.
Gimlet and Parcast were studios with vision that helped shape our industry.
Whether Spotify Studios has a vision remains to be seen.
