Pandora to cut 7% of US workforce, expects strong Q4

(Telecompaper) Digital music service Pandora has announced plans to lay off around 7 percent of its US workforce by the end of the first quarter in a cost-cutting measure. In a statement, the company added that it expected to beat previously announced guidance for the fourth quarter thanks to strong advertising performance and a rise in paid subscription customers to 4.3 million. "While making workforce reductions is always a difficult decision, the commitment to cost discipline will allow us to