Snocap Laysoff 60% Of Its Staff

I have just read an article this morning on News.com, which outlines that Snocap has axed about 60% of its workforce. It is also reported that Snocap might be for sale and that Snocap has received interest from several companies. It looks like there might have been more than meets the eye with the termination last week of CDBaby from their Snocap partnership.

This is not the best new for one of the companies within our group, RouteNote. Snocap is a founding partner with our new service that will launching in the coming months.

Tags: 60% axed cdbaby layoff News news dot come news.com partner partnership routenote sacked snocap staff

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Author: Steven Finch

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Founder and Editor of Crenk. Im CEO of Insomnia Ltd which owns and operates RouteNote (Digital Music Distributor), Adphilia (Site Representation Firm) and Black and White Music (Music Recording Studio).