Spotify announces the elimination of 200 positions in its podcast business. Less than six months after a first cut of 600 job cuts, the streaming platform said it had begun "the next phase" of its " podcast strategy" Spotify shares gained 2.70%, to $ 115.83, on Wall Street on Monday.
At the end of the first quarter, Spotify reached a new high of 515 million active users, up 22% year-on-year. The group born in Stockholm has regularly suffered losses for several years, despite a meteoric growth.