SiriusXM Layoffs Hit 3% Of Workforce
SIRISirius XM(SIRI) Deadline·2024-02-13 01:25

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. The company last year unveiled a significant revamp of its app and made a number of talent deals in a push into podcasts. “We made significant progress on the transformation of our business in 2023, but we have just begun to scratch the surface of what is possible here at SiriusXM,” Witz wrote in the memo. “To continue on our ...