×
You will be redirected back to your article in seconds

Launch Media pinkslips 50

Cyberbiz Brief

Internet portal Yahoo! said Tuesday that it is firing 50 staffers from online music service Launch Media, which it acquired last week for $12 million in cash. Yahoo! said it will take a charge against earnings this quarter for severance and other acquisition-related costs. Santa Monica-based Launch cut 14 workers last week. Another 36 jobs will be eliminated by year’s end. Launch Media previously employed 175.

More Digital

  • La Casa De Papel

    Grupo Secuoya Announces Plans for Madrid Content City

    Internet portal Yahoo! said Tuesday that it is firing 50 staffers from online music service Launch Media, which it acquired last week for $12 million in cash. Yahoo! said it will take a charge against earnings this quarter for severance and other acquisition-related costs. Santa Monica-based Launch cut 14 workers last week. Another 36 jobs […]

  • Facebook Mark Zuckerburg Data Privacy Scandal

    Facebook’s Crisis PR Firm Pushed Soros Conspiracy to Discredit Critics (Report)

    Internet portal Yahoo! said Tuesday that it is firing 50 staffers from online music service Launch Media, which it acquired last week for $12 million in cash. Yahoo! said it will take a charge against earnings this quarter for severance and other acquisition-related costs. Santa Monica-based Launch cut 14 workers last week. Another 36 jobs […]

  • Google Spotlight Stories' 'Age of Sail'

    Google Spotlight Stories Releases Animated Short 'Age of Sail' on Multiple Platforms

    Internet portal Yahoo! said Tuesday that it is firing 50 staffers from online music service Launch Media, which it acquired last week for $12 million in cash. Yahoo! said it will take a charge against earnings this quarter for severance and other acquisition-related costs. Santa Monica-based Launch cut 14 workers last week. Another 36 jobs […]

  • Huawei Plans to Release Its Own

    Huawei Working on AR Headset, Shooting for Release by 2020

    Internet portal Yahoo! said Tuesday that it is firing 50 staffers from online music service Launch Media, which it acquired last week for $12 million in cash. Yahoo! said it will take a charge against earnings this quarter for severance and other acquisition-related costs. Santa Monica-based Launch cut 14 workers last week. Another 36 jobs […]

More From Our Brands

Access exclusive content