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Listen.Com Lays Off 35 Employees
Listen.com, which on April 5th acquired TuneTo, gave 35 employees pink slips and severance packages on Wednesday, citing current market conditions and the arrival of 15 employees from TuneTo. The company is only one of many in April to have let workers go due to a slowing dot-conomy. Challenger, Gray, & Christmans, a Chicago-based firm that has tracked Internet layoffs since 1999, says that dot-com companies released a record number-17,554-of employees in April alone. That’s an 84 percent increase from the previous month, in which 9,533 Internet workers were fired. In the first four months of this year alone, more… Read more »