The incredible shrinking Pandora.

One of the biggest players in the streaming business is experiencing an “organizational restructuring,” which is a fancy way of saying they are reducing their workforce by about 5% and shifting a bunch of jobs from Oakland to Atlanta, which the company says will save them about $45 million a year. According to Pandora CEO Roger Lynch, “Pandora is the largest music service in the U.S We have an aggressive plan in place that includes strategic investments In Our priorities: ad-tech, product, content, partnerships, and marketing. I’m confident these changes will enable us to drive revenue and listener growth.”