Rdio Lays Off Staff To ‘Improve Cost Structure And Improve - TopicsExpress

Rdio Lays Off Staff To ‘Improve Cost Structure And Improve Business For The Long Term 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. ift.tt/1dU9Zg2 ift.tt/1fSLAc1 Source: TechCrunch

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