SiriusXM Holdings, home of Howard Stern, on Monday said it would lay off 8% of its workforce, or about 475 employees, as the satellite radio firm takes a hit from slow subscriber growth.
In February, the owner of podcast platform Stitcher had said it expects to lose subscribers this year as consumers brace for a recession. are also expected to hurt the radio operator’s subscriber base. The company will also cut its marketing budget.“Today’s decision to reduce our workforce was required for us to maintain a sustainably profitable company,” Chief Executive Jennifer Witz said in a letter to staff. The layoffs will impact nearly all departments. to weather a tough economy.
As on Dec. 31, 2022, SiriusXM had 5,869 full-time and part-time employees. Above, shock jock Howard Stern.
Haven’t listened to Stern since 2017. Not worth my time.
Siriusxm is still around!?😳
I wouldn’t pay a nickel to listen to that sell out leftist schmuck Howard Stern
Because their music is outdated and sucks
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