https://layoffcheck.com/companies/siriusxm Layoff and WARN notices reported for SiriusXM. en-us https://layoffcheck.com/companies/siriusxm#2024-02 https://layoffcheck.com/companies/siriusxm#2024-02-980 Mon, 12 Feb 2024 12:00:00 GMT SiriusXM cut 160 employees on February 12, 2024, about 3% of its workforce, in the company's second round of layoffs in less than a year. CEO Jennifer Witz said in a memo that becoming "more efficient, agile and flexible" was essential to sustaining subscriber growth as competition intensified. The announcement followed a difficult 2023 in which SiriusXM lost 445,000 net subscribers and reported flat Q4 revenue of $2.29 billion year-over-year. A larger reduction in March 2023 had already removed 475 employees, or about 8% of headcount. Specific severance details were not disclosed in public reporting. The cuts signaled continued pressure on the satellite-radio business to adapt as streaming alternatives eroded its subscriber base. https://layoffcheck.com/companies/siriusxm#2023-03 https://layoffcheck.com/companies/siriusxm#2023-03-2033 Mon, 06 Mar 2023 12:00:00 GMT SiriusXM reported a workforce reduction in New York City in March 6, 2023.