Spotify's decision to end certain in-house podcasts and focus on licensed content suggests a strategic realignment that could improve profitability in the long term. However, the recent job cuts indicate cost-cutting measures that could be a response to financial pressures or a shift in business strategy. The stock's strong performance YTD may continue if investors perceive these changes as positive for future earnings, but there is also a risk of negative sentiment due to the job cuts and the discontinuation of award-winning content.