Seen that? - Napster starts layoffs

Filed in archive Best of on February 25, 2010

Napster starts layoffs Digital Music - The Future

napster admitted to laying off 10 people, about 7% of its 153 person workforce, in response to earlier rumors about company troubles, The company tried to spin it, referring to "redundancies formed when the company consolidated operations for its subscription service" The company said "Efforts to sell the company are patently untrue. We suggest that 100 percent year-over-year revenue growth, 500,000 subscribers and the No. 2 market share position in [...] Read More


Will Napster 2.0 follow Napster 1.0? Digital Music - The Future

Digital Music News reported good news, bad news for Napster. While Napster surpassed 500,000 subscribers, its financial losses continued with rumors of layoffs and a sale. From the article: "Napster has recently reported a subscriber base of 500,000, an announcement that may have been timed to counter reports of an imminent downsizing. The increase represents a 100 percent jump over subscriber totals at the same point last year. "Doubling our subscribers over [...] Read More


Napster Answers Apple Digital Music - The Future

Napster one-ups Apple with excellent deals on MP3 players. It's an unbeatable deal if you're already a subscriber, or plan to be one, of the $15 per month subscription service. The Napster 256MG Flash Player is free with a one year subscription. Apple doesn't have an iPod Nano with that little memory. The iPod Shuffle with 512Mb storage costs $69. Napster's 1GB Player costs only $50 with a one year subscription. That [...] Read More


Twenty years to recover from layoffs Sox First

How long does it take to recover from a layoff?About 20 years, according to a new research paper. The researchers analyzed workers who were laid off in the 1980s and discovered that a decade later, they were still struggling to recover financially.The paper says: "Those workers in stable employment from 1974 to 1979 who left their jobs in a mass-layoff during 1980 to 1986 had - compared to workers with [...] Read More


Avoiding Layoffs by Pruning and Upgrading Biz Plan Hacks

© aflcio2008

Venture Beat's Entrepreneur's Corner had a great piece at the beginning of the month on how to avoid large scale layoffs.

Let's face it. We all know that healthy business grow and change. Make your personnel changes as you go. And make them in a timely manner, in ways that promote that growth. Otherwise, you may wake up one morning and figure out that you need to lay off a [...] Read More