Slacker has laid off a major portion of it's staff

 Slacker has laid off a major portion of it's staff

Bad news for Slacker: the company, indeed, has laid off a major portion of it's staff, as reported by "Hypebot"

A statement from the company's CEO Duncan Orrell-Jones says that "approximately 25%" of the staff has been let go:

Slacker Radio is laying off approximately 25% of the team as part of our ongoing effort to focus on efficiency and accelerate the path towards profitability. Our strategy has always been to innovate in the radio and music space, and we’ve been working hard to develop new experiences that we believe will fulfill the promise of radio reimagined. The Slacker Radio app will not be affected by these changes, nor will several new product releases that are scheduled for later this year.