Layoffs At SiriusXM Following Pandora Acquisition

SiriusXM has announced nearly 60 layoffs in an effort to realign departments following the company’s recent acquisition of Pandora Media,

The news was delivered in a memo sent to staffers by Sirius XM CEO Jim Meyer.

The memo reportedly reveals that the layoffs were made in order to “better align” Sirius and Pandora’s resources with their “business needs,” and acknowledged that due to the acquisition, “both organizations knew that there would be changes to the workforce” as they found “greater visibility on the roadmap for the combined companies.”