After layoffs, SiriusXM looks to star-studded podcasts
by Ariel Shapiro from The Verge - All Posts on (#69K8K)
Kristen Radtke / The Verge; Getty Images
I sadly cannot attend Podcast Evolutions this year. If you are in attendance and have some hot goss, feel free to send my way! Also some warm, dry weather - that would be nice.
Today, SiriusXM lays off hundreds of staffers, Twitter Spaces loses another feature, and podcast bros can't catch a break on the dating market.
How will SiriusXM's layoffs affect its podcasting business?
On Monday, SiriusXM CEO Jennifer Witz announced that she was cutting 475 roles, or about 8 percent of employees at the company. Citing economic uncertainty (novel!), Witz said the cuts are a consequence of management's plan to improve collaboration, consolidate teams to achieve greater efficiencies, and ultimately, design an organization structure that is best...