Pandora Announces Employee Layoffs, Cuts By 7 Percent
Streaming radio company Pandora plans to lay off seven percent of its U.S. workforce, the company announced Thursday.
In a statement to shareholders, CEO Tim Westergren did not specify what departments were affected in the cuts, but frames the move as a way to improve their competitiveness for the upcoming year. TicketFly, Pandora’s ticket purchasing service, was not affected in the layoffs.