The layoffs come at a precarious time. After years of growth in audio, some companies that took a step (or leap) into podcasting are scaling back in the face of worsening economic conditions. In September, CNN laid off some of its podcast employees. Last week, Axios reported that radio giant Audacy is looking at selling off hitmaker Cadence13 for quick cash.
Source: Layoffs at Gimlet and Parcast expose cracks in Spotify’s exclusivity model