Pandora, a music-streaming business, andSearchme, a visualsearchengine, are among the rapidlygrowing collection of other start-ups that have alsoannouncedjob losses.
Back in early September, Pandora Media shares took a 22%, two-day tumble after the Wall Street Journal reported that Apple was planning to jump into the streaming music business where Pandora has been the dominant player.
"Pandora's listeners want to have access to their personalized stations on a variety of devices, " said Jessica Steel, senior vice president, Business Development, Pandora.