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Napster lays off 30

11 April 2002 15:34 by Petteri "dRD" Pyyny

In its on-going effort to cut costs, Napster announced another round of layoffs today. The company laid off 30 employees, or appx. 30 per cent of its workforce.

Last month the company postponed the launch its legal service -yet again - stating that it is still trying to negotiate with major record labels to achieve reasonable licensing deals with them.

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Related articles:

  • Roxio buys Napster's assets (15 November 2002)
  • Bankruptcy judge blocks the sale of Napster (3 September 2002)
  • Napster files for Chapter 11 (3 June 2002)
  • Napster CEO quits (14 May 2002)
  • Bertelsmann to take over Napster? (6 April 2002)
  • Napster lays off 10 per cent (8 March 2002)
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