Spotify could cut another 200 jobs after Meghan Markle and Prince Harry’s high-profile audio deal failed to raise as much money as it hoped. The company reportedly paid more than $18 million for Markle’s podcast “Archetypes.” The Swedish streaming giant has now been forced to part ways with several staff members.
Spotify laid off about 6% of its 6,600 employees in January.According to the New York Post, 2% of the streaming platform’s workforce is now said to be laying off.
Sahar Elhabashi, head of podcast business at Spotify, wrote in a blog post: I am a Spotify employee. “
“Unfortunately, this means saying goodbye to close colleagues and friends. We know news like this is never easy, especially for those affected. These decisions are not taken lightly by us and we would like to thank those who are leaving for everything they have done for podcasting and Spotify,” he added.
The podcast is described on Spotify as “a podcast that explores, dissects, and subverts labels trying to keep women.” In addition to interviews with prominent women, Markle also reveals a lot about herself.
Markle discussed the concept of ambition with Serena Williams on the first episode of the podcast. “She doesn’t remember personally feeling the negative connotations behind the word ‘ambitious’ until she started dating her now-husband,” she said. [Prince Harry],” she said.
Markle also opened up about the struggles of living with the royal family. She remembered some tragic events. Among them was her son Archie, who was allegedly forced into a tour of South Africa after suffering a narrow escape from a bedroom fire.
The podcast has also been at the center of several controversies, including the spread of misinformation about the COVID-19 vaccine. The show was also accused of making anti-Semitic comments and racial slurs. Earlier reports said Spotify paid Prince Harry and Markle $25 million to sing for a high-paying audio deal.