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November 20, 2013 12:46 am GMT
The music streaming business can be tough, with market leaders like Spotify growing like weeds but still loss-making. Today, some bad news from competitor Rdio, the music streaming service startup from Skype co-founder Janus Friis. The company has confirmed to TechCrunch that is is making "across-the-board workforce reductions today to improve its cost structure and ensure a scalable business model for the long-term."
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/_D06JITiTI8/
Music Streaming Startup Rdio Lays Off Staff To Improve Cost Structure And Ensure A Scalable Business
The music streaming business can be tough, with market leaders like Spotify growing like weeds but still loss-making. Today, some bad news from competitor Rdio, the music streaming service startup from Skype co-founder Janus Friis. The company has confirmed to TechCrunch that is is making "across-the-board workforce reductions today to improve its cost structure and ensure a scalable business model for the long-term."Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/_D06JITiTI8/
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