Musicmatch laid off 25% of its employees

Written by Petteri Pyyny @ 10 Jul 2001 2:15

Jukebox application developer, Musicmatch, has laid off 25% of its employees - totally 40 full-time employees. Company announced that all departments were affected, but company doesn't plan any further layoffs.

Company's main product, Musicmatch Jukebox, competes directly with RealNetworks' RealPlayer and Microsoft's Windows Media.

<Microsoft may be close to ink a deal with Pressplay >Bertelsmann gets ready for the launch of legal Napster

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Musicmatch laid off 25% of its employees

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