SiriusXM is the latest media company to lay off staff as the industry retrenches. CEO Jennifer Witz said today the satellite radio broadcaster, podcaster, owner of streaming music service Pandora a…
is the latest media company to lay off staff as the industry retrenches. CEO Jennifer Witz said today the satellite radio broadcaster, podcaster, owner of streaming music service Pandora and home to Howard Stern, will be cutting 475 jobs, or 8% of its workforce “to secure the long-term health and profitability of our business.”
Over the course of the day today, impacted employees will begin receiving invitations to join meetings with their respective leader and a member of our People + Culture team. Together, we are committed to delivering the best premium audio experience in North America. We are evolving our service to give the next generation of listeners new ways to discover and engage with our incredible programming and talent. With our vision as clear as ever, and our operating transformation now underway, we will continue to make investments as we gear up for our next major milestone: the launch of a new, best-in-class SiriusXM experience.
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