In a blog post on the streaming platform, Spotify’s head of podcast business Sahar Elhabashi wrote, “We are expanding our partnership efforts with leading podcasters from across the globe with a tailored approach optimized for each show and creator.” Markle’s “Archetypes” podcast launched in August 2022. In January, it was announced that Spotify laid off some 6% of its 6,600-strong workforce.Īs the streaming platform gears up to scale down its internal operations, redundancies are now officially reaching 2% of its entire workforce - a staggering number considering how recent the investment took place. This will mark the company’s second round of redundancies this year that follows hot on the heels of its huge investment into the podcast industry.
The Swedish streaming giant, which reportedly paid the Duchess of Sussex over $18 million for her “Archetypes” podcast launched last summer, is now having to let a significant number of staffers go due to the error in judgment. Spotify is set to slash a further 200 jobs after Prince Harry and Meghan Markle’s highly-publicized audio deal failed to rake in the expected sum of cash. Joe Rogan slammed by fans for defending Bud Light over Dylan Mulvaney sponsorship: ‘How much is Bud paying him?’ I hated my boyfriend’s snoring - until I made money off itįake Drake and The Weeknd song with AI-generated vocals pulled from streaming services Joe Rogan mocks ‘woke’ Miller Lite campaign: ‘How many women are involved in making beer’
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