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LiveOne Plans to Cut an Additional 25% of Staff by Year-End With a Continued Focus on Utilizing AI

- Slashing Additional $7.5M - $10M of Costs Expected to Bring Total Savings to Over $40 Million - Continues to Consolidate and Shed Non-Core Business Units and Focus on AI Technologies to Drive.

United statesLos angelesRobert ellinCompany annual report on formLiveone incAudio divisionExchange commissionGlobenewswire incCosts expectedBring total savingsShed non core business unitsDrive engagementBoost margins leadingGreater monetizationTalent across vertically integratedTerm assets

Liveone Plans To Cut An Additional 25% Of Staff By Year-End With A Continued Focus On Utilizing AI

Liveone Plans To Cut An Additional 25% Of Staff By Year-End With A Continued Focus On Utilizing AI
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United statesRobert ellinLos angelesAudio divisionExchange commissionLiveone incCompany annual report on formCosts expectedBring total savingsShed non core business unitsDrive engagementBoost margins leadingGreater monetizationTalent across vertically integratedTerm assetsSlacker radio