https://apnews.com/article/spotify-cuts-podcast-streaming-42b4c0a8376cea9b8edcdd22b0389c08

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 health care coverage and immediate access to outplacement support.