Pandora is laying off about 5 percent of its workforce as it shifts to more automated ads

In the same month that streaming music company Spotify filed to go public, its US rival Pandora is feeling the pinch of how challenging the digital music business continues to be. The company today announced that it is laying off about five percent of its employee base as it switches to new … More…

NerdWallet lays off 11 percent of staff due to missing profitability goals

Personal finance startup NerdWallet seems to be on the struggle bus, having just laid off 53 people today (about 11 percent of its workforce) due to the fact that the company is not hitting its profitability goals, TechCrunch has learned. As part of the restructuring, NerdWallet’s sales and partnerships teams will … More…

Developer community Stack Overflow lays off reportedly 20% of staff as it refocusses business

Some changes are underway at Stack Overflow, the online community where some 50 million developers and others converge to talk programming and many other things. TechCrunch has learned and confirmed that the startup has conducted a substantial number of layoffs across the company as it looks to steer the business … More…