Last week, Downtown announced plans to combine several of its businesses to streamline B2B operations.
CD Baby and Soundrop have both laid off employees, citing “economic conditions” and “uncertain times,” according to a company-wide email written by Downtown’s new chief people officerNews of the layoffs was first published by
. While the outlet reported that 30 employees were let go from the two companies, a spokesperson for CD Baby and Soundrop tellsthis figure is incorrect. It remains unclear how many people were laid off from the companies.
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