$170 million in cuts - how many jobs does that translate to?
Warner Music Group to Undergo Layoffs as Part of $300 Million Cost-Savings Plan
Kyncl didn’t disclose how many employees would be let go but wrote that WMG is looking to cut about $170 million through headcount reduction... — read more
Do 170 Atlantic people being laid off count towards 750 announced by WM?
Or is it a separate affair? The Atlantic and 300 Elektra top is being completely gutted.
Another round of layoffs is coming
They are going for 750 people this time. Media cites the most impacted teams will be in-house and sales business and other support functions. Does anyone know more? Are there any areas that are safe for sure?
600 job cuts announced
“Warner Music announced plans Wednesday to cut 600 employees in the record label conglomerate’s latest cost-cutting effort as the company seeks to sell off its entertainment portfolio, following a string of corporate layoffs in the tech... — read more