Pandora announces restructuring, shifting resources to ad tech and audience development, cutting workforce by 5% to save $45M annually, will expand in Atlanta (Todd Spangler/Variety)

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Todd Spangler / Variety:
Pandora announces restructuring, shifting resources to ad tech and audience development, cutting workforce by 5% to save $45M annually, will expand in Atlanta  —  Pandora is pink-slipping about 5% of its workforce, a move the streaming-music company said will help it save $45 million annually.