Business appears to be looking up for Pandora Media, but there are going to be fewer employees around to reap whatever benefits the internet radio company has to report. The company is cutting 7 percent of its workforce as it reduces operating costs and launches a slate of crucial new initiatives.
Category: Ticketfly
Pandora Radio to Lay Off 7 Percent of U.S. Staff
The streaming Internet radio provider will likely cut 100-150 employees by the end of the first quarter in 2017. With the word “discipline” appearing in founder Tim Westergren’s comments, Pandora announced via an 8K filing today that seven percent of its U.S. workforce — not including Ticketfly — is being laid off in the coming weeks as part of a “reduction in force plan.”