200 layoff's throughout #Spotify's spidery pivoting #podcasting arms denote desperation as industry wide audio ad feed revenue drops, exclusive star deals lapse, and vaunted production brands like #GimletMedia #Megaphone & #Parcast are folded into the in house Spotify Studios. Spotify's bold billion dollar investment into audio "content" looking more like awkwardly ambitious overreach today...

https://archive.is/11r3R via #BusinessWeek