Spotify has announced the elimination of 200 positions in its podcast business. The group, which had already cut 600 jobs last January, describes this decision as "difficult but necessary" At the end of the first quarter, Spotify reached a new high of 515 million active users, up 22% year-on-year.
Around 14:30 GMT on Wall Street, Spotify shares gained 2.70%, to $ 115.83. The company has suffered losses for several years, despite a meteoric growth in the number of subscribers.