Musicmatch laid off 25% of its employees

Jukebox application developer, Musicmatch, has laid off 25% of its employees - totally 40 full-time employees. Company announced that all departments were affected, but company doesn't plan any further layoffs.

Company's main product, Musicmatch Jukebox, competes directly with RealNetworks' RealPlayer and Microsoft's Windows Media.

Written by: Petteri Pyyny @ 10 Jul 2001 14:15