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March 8, 2023 04:30 pm

After layoffs, SiriusXM looks to star-studded podcasts




Illustration of a series of blue microphones on a teal background.
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...



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Original Link: https://www.theverge.com/2023/3/8/23630561/layoffs-siriusxm-conan-kevin-hart-twitter-elon-musk-ambies

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