October 24, 2001

Napster mounts first round of layoffs

Author: JT Smith

ZDNet: "Napster has begun a round of layoffs, the first major cuts in the file-swapping
pioneer's history, sources close to the company said Wednesday. Details on how many people will be laid off, or in what departments, were not
immediately available. A Napster representative declined to comment on the layoffs.
The privately held company once had close to 100 employees."

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