LiveOne Plans to Cut an Additional 25% of Staff by Year-End With a Continued Focus on Utilizing AI
12/14/2023 – Slashing Additional $7.5M – $10M of Costs Expected to Bring Total Savings to Over $40 Million – Continues to Consolidate and Shed Non-Core Business Units and Focus on AI Technologies to Drive Engagement and Boost Margins Leading to Greater Monetization of Talent Across Vertically Integrated Divisions – Short-Term Assets of $27 Million and…