Monday’s layoffs mark the third time in as many years that SiriusXM has cut its workforce. The company also laid off 3% of its employees in February 2024 and 8% of its employees in March 2023.

To say that SiriusXM (NASDAQ: SIRI) has underperformed the stock market would be a big understatement. The stock declined by ...

as well as a dealer-sold 3-year subscription plan. And as interest rates (hopefully) come down over the next few years, it could create a nice tailwind for new vehicle sales, which is SiriusXM's ...