SiriusXM has announced it is laying off approximately 3% of its global workforce, amounting to about 160 jobs. The decision, as revealed by CEO Jennifer Witz in a memo to employees, is part of the company's strategy to become "more efficient, agile, and flexible." This move is also aimed at cutting expenses and investing in content and new technologies.
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SiriusXM is eliminating about 160 jobs, a move to cut expenses that represents a layoff affecting just under 3% of the satellite radio and audio streamer’s workforce. https://t.co/L0V67683l4
Satellite audio firm SiriusXM is trimming its global workforce by about 3% in an effort to become “more efficient, agile, and flexible,” CEO Jennifer Witz wrote in a memo to employees https://t.co/NJCJpwQqf5
SiriusXM Layoffs Hit 3% Of Workforce https://t.co/NJCJpwQqf5
SiriusXM to Lay Off 160 Employees, About 3% of Workforce https://t.co/L0V67683l4
SiriusXM Cuts 160 Jobs Amid Push to Become More "Efficient, Agile" https://t.co/RcqGoAwPRb