|
|
Loudeye Announces Corporate Strategy Initiatives; Company Restructures to Further Leverage Experience, Leadership and Resources For Business Opportunities in Digital Media Services.
- Article from:
-
PR Newswire
- Article date:
-
March 14, 2003
|
Copyright informationCOPYRIGHT 2003 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Loudeye Corp. , a global leader in digital media services and Webcasting technologies, today announced a corporate strategy to tighten its focus on its core competencies in digital media services where the company holds extensive expertise and anticipates further customer growth and higher gross margins.
As part of the corporate initiatives, Loudeye today is announcing a reduction in staff affecting approximately 35 of its workforce. These actions will enable Loudeye to further leverage the profitable portions of the business by focusing on key and strategic customers. The reduction in force will primarily affect employees at Loudeye's headquarters in Seattle across all ...