Like a number of tech giants, Spotify stated it’s shedding a whole bunch of jobs. In a memo to staff, CEO Daniel Ek stated he had been “too bold” in scaling up the corporate.
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Ek praised Ostroff for her contributions and stated Alex Norström would assume her duties. Ostroff, a veteran of Condé Nast and the CW, joined the corporate in 2018.
“Daybreak has made an amazing mark not solely on Spotify, however on the audio business total,” Ek wrote. “Due to her efforts, Spotify grew our podcast content material by 40x, drove important innovation within the medium and have become the main music and podcast service in lots of markets. These investments in audio provided new alternatives for music and podcast creators and likewise drove new curiosity within the potential of Spotify’s audio promoting.”
Ostroff within the close to time period will assume the position of senior advisor to assist facilitate this transition, Ek stated.
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