SiriusXM implements new round of layoffs
SiriusXM has laid off a number of employees working within its product and technology teams.
SiriusXM has laid off a number of employees working within its product and technology teams.
The satellite and premium streaming audio company saw its revenue dip 4 percent during the year.
A music rights group is suing Pandora for back payments of royalties associated with streaming music on its free, ad-supported plan.
SiriusXM saw its customer base erode during Q4 2023, though it posted slightly higher revenue and profit for the year compared to 2022.