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Summary:

Pandora CEO Tim Westergren says ad sales are looking up and that the Internet radio company is bringing on more staff — in the same blog post in which he announces that the firm’s laying off 20 of its 140 employees due to the broader economic downturn.

Pandora CEO Tim Westergren says ad sales are looking up and that the Internet radio company is bringing on more staff — in the same blog post in which he announces that the firm’s laying off 20 of its 140 employees due to the broader economic downturn. But if ad spending in general is heading south in an already wobbly economy, then strong ad sales at Pandora might not last for long.

Pandora recently picked up a few more big-name advertisers, and Westergren didn’t say what specifically about the current meltdown led to the layoffs. We’ve emailed him for comment and will update the post if and when we hear back.

The company took a breather at the end of last month when Congress passed the Internet radio royalty bill, which gives webcasters the chance to negotiate royalty payments with copyright holders instead of being socked by the high rates that threatened to eat up most of its revenue.

  1. Wow I thought these guys were going out? Well hope they make it as its a nice prod. Counter to the panic layoffs this week Mocospace is actively hiring! We need 3-4 key positions filled fast. Are these other guys running fat until now? What is the context?

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  2. [...] Pandora, an online music startup, is cutting 20. (GigaOM) [...]

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  3. Pandora has some great runs, but its algorithm needs work and its library is puny. I keep getting THE DOORS, for example. I let Pandora know I don’t like THE DOORS, yet Pandora continues to play them over and over. Why?

    Furthermore, Pandora also seems to have a nasty habit of replaying songs I do favor disturbingly often. In fact, I’m now afraid to give my preferred songs a THUMBS UP, because I fear that will just give Pandora license to REPLAY that song repeatedly until I ultimately forced to give up and vote it down. Yes! there I am, voting down a song I like! That surely can’t be good for the algorithm.

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  4. [...] weathered a round of layoffs last fall, although it said at the time that it would continue to add sales staff. The company has [...]

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