26 Articles
26 Articles
SiriusXM to cut 8% of workforce, eliminating 475 jobs
By Jon Passantino Satellite radio giant SiriusXM is laying off 475 people, or about 8% of its workforce, as part of a broad restructuring. With the announcement Monday, SiriusXM becomes the latest media company to make painful cuts as advertisers tighten spending amid economic uncertainty. The layoffs at the radio company — home to the Howard Stern Show and owner of the Pandora streaming music service — will impact “nearly every department acros…
SiriusXM to cut 8% of workforce, eliminating 475 jobs
By Jon Passantino Satellite radio giant SiriusXM is laying off 475 people, or about 8% of its workforce, as part of a broad restructuring. With the announcement Monday, SiriusXM becomes the latest media company to make painful cuts as advertisers tighten spending amid economic uncertainty. The layoffs at the radio company — home to the
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