#PANDORA RADIO HEADQUARTERS UPDATE#
#PANDORA RADIO HEADQUARTERS PLUS#

The employee data is based on information from people who have self-reported their past or current employments at Pandora. Zippia gives an in-depth look into the details of Pandora, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Pandora. We also generate increasing revenue from our subscription offerings. With billions of data points that help us understand our users' preferences, we offer both local and national advertisers the opportunity to deliver targeted messages to our listeners using a combination of audio, display and video advertisements.

The majority of our listener hours occur on mobile devices, with the majority of our revenue generated from advertising on our ad-supported radio service on these devices.

#PANDORA RADIO HEADQUARTERS PLUS#

Pandora is available as an ad-supported radio service, a radio subscription service called Pandora Plus and an on-demand subscription service called Pandora Premium. Founded by musicians, Pandora also empowers artists with valuable data and tools to help grow their audience and connect with their fans. The Music Genome Project, our content programming algorithms and data collected from our listeners power our ability to predict listener music preferences, play music content suited to the tastes of each individual listener and introduce listeners to the music we think they will love. Unlike traditional radio that broadcasts the same content at the same time to all of its listeners, we enable our listeners to create personalized stations and playlists, as well as search and play songs and albums on-demand. Pandora's last major layoffs were in January 2017, with a restructuring that affected 7% of its workforce.Pandora is the world's most powerful music discovery platform, offering a personalized experience for each of our listeners wherever and whenever they want to listen to music-whether through mobile devices, car speakers or connected devices in the home. It also simplifies the organization into a flatter structure for smarter, faster execution,' the company wrote. 'The redesign shifts resources to focus on ad-tech and audience development efforts while positioning the company for improved operating leverage over time. The reduction plan, which was approved by the board of January 11 and shared with the impacted employees on Wednesday, will cost the company $6.5 million to $8.5 million in severance and benefit costs, according to the form. Pandora said in a press release that it expects the job cuts and 'other cost-savings measures' to save the company $45 million annually in adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA). Lynch took over as CEO of Pandora in August 2017, replacing company cofounder Tim Westergren.

“While we are committed to having Oakland remain our headquarters, we’re excited to build on the great foundation of our awesome team there and expand our presence in Atlanta over time.” “Atlanta is a city with a rich history in music and a large pool of diverse tech talent that we can tap into as we scale,” Pandora CEO Roger Lynch said in a statement. The layoffs, however, are company-wide and will impact employees across its six main offices, as well as regional sales and support staff throughout the US. Wall Street responded favorably to the announcement, however, with Pandora shares up nearly 4% to $4.78 in after-hours trading at the time of writing.As part of this restructuring, the company will shift away from investments in its Oakland, California headquarters, and expand its workforce in Atlanta, Georgia, where the cost of living is lower.

#PANDORA RADIO HEADQUARTERS UPDATE#

We've reached out for clarification from Pandora and will update if we hear back. The last time Pandora disclosed an official headcount was December 2016, when it had 2,488 employees. It's not immediately clear how many jobs these layoffs will affect.

Pandora radio headquarters