Pandora will fire most of Rdio’s staff after buyout
It’s a sad, but all too familiar, story that, when a company buys one of its rivals, the first thing it does is take a hatchet to the employees of its new acquisition. It’s the situation that’s greeting Rdio’s employees this morning after VentureBeat discovered that new owner Pandora will lay off a hefty chunk of Rdio’s staff. The information comes from a WARN disclosure, a legal requirement to give 60 days notice before a mass-firing, made by the company to California’s employment department. According to the document, 123 people will be let go at some point between now and the end of the year, despite the firm hinting that it’d retain many of the employees to bolster its own ranks. So, you know, if you wanna know where the Grinch is living these days…
Via: VentureBeat
Source: California EDD (.PDF)
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