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SiriusXM announces layoffs of 475 people, or 8% of its total workforce

Citing today's "uncertain economic environment," and the investments planned in the business this year, SiriusXM said head count reductions were in order.

SiriusXM Cutting 8% of Workforce Across All Departments

A Monday memo from CEO Jennifer Witz cites the company's "new phase" and "today’s uncertain economic environment"

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