Thread regarding Pandora Media layoffs

Pandora's Layoff Tally: 5% in 2018 and 7% in 2017

The margins are thin.

There is no room for error.

Every dollar counts.

That's the mantra and things will not be improving any time soon.

Expect More layoffs and more jobs lost.

It's hard to compete with giants with an unlimited supply of cash., while fighting against the music industry lobby...

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Post ID: @OP+RPgDiLa

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This was just a prep work to sell. Now that the sale is over, layoffs are over.

Post ID: @3Obtp+RPgDiLa

This was in NYT Today

Pandora announced three weeks ago that it would be eliminating 5% of its workforce. It plans to move some jobs out of Oakland to Atlanta in a cost-cutting move, and even though it plans to invest some of the $45 million of annual savings on broadening its nonmusic content and expanding its marketing efforts, it's still a problematic development. Would Pandora put its workforce through morale-cutting displacements if it felt that revenue was growing and it was getting closer to profitability? If Pandora fails to surpass market expectations this week, it will be easy to point to the recent layoffs as a warning sign.

Post ID: @tpq+RPgDiLa

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