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BRIEF-Pandora Media estimates to incur about $5 mln-$7 mln employee severance expense
January 12, 2017 / 10:21 PM / 8 months ago

BRIEF-Pandora Media estimates to incur about $5 mln-$7 mln employee severance expense

Jan 12 (Reuters) - Pandora Media Inc

* Pandora Media - Estimates to incur about $5 million to $7 million of cash expenditures, substantially all of which are related to employee severance and benefits costs

* Pandora Media Inc- Total reduction in force costs are estimated at $4.0 million to $6.0 million- SEC filing

* Pandora Media Inc - Expects to recognize most of the pre-tax reduction in force charges in Q1 of 2017 - SEC filing Source: (bit.ly/2ipx3hr) Further company coverage:

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