Pocket FM carries out fresh job cuts; around 10% workforce impacted

Pocket FM has conducted a fresh round of layoffs impacting approximately 10% of its workforce. The cuts affect around 100 to 130 employees across multiple teams, according to reports.

The company has also indicated that another potential round of job cuts affecting up to 15% of staff may occur by the end of June. The exact teams and roles affected were not specified in the announcement.

The layoffs come as part of a restructuring effort. Pocket FM is an audio streaming platform that specializes in serialized content. The company has not publicly disclosed the reasons for the workforce reduction.