Nick Barclay / The Verge Another week, another round of layoffs. This time, it is Spotify . CEO Daniel Ek informed employees yesterday morning that the company would be cutting 6 percent of its workforce and said he took “full accountability for the moves that got us here today.” The most high-profile change is the departure of chief content and advertising officer Dawn Ostroff. And while no additional shows have been cut, advertising and business employees, particularly under Podsights and Chartable, were laid off nearly a year after Spotify acquired both companies. Plus (and I am fully aware of how incongruous this is, apologies), we have some more announcements for Hot Pod Summit. After years of podcast acquisitions, Spotify goes lean Spotify built itself into the biggest force in the podcast industry by sheer force of will (and capital), spending more than $1 billion acquiring studios, publishers, and advertising tech. It has also relied on veteran entertainment executive Dawn Ostroff for the last four years to oversee blockbuster deals that brought hits like Joe Rogan Experience , Call Her Daddy , and Batman Unburied exclusively to the platform. Now, as part of its companywide layoffs, Spotify is turning to […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
