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Warner Music Group will reduce its headcount by $170 million as a part of a larger plan to restructure and reduce costs. It's ...
Warner Music Group Plans to Lay Off 600 Employees. CEO Robert Kyncl said the company is also exploring the “potential sale” of Uproxx and HipHopDX and will wind down the podcasting brand ...
Warner Music Group will part ways this year with approximately 10% of its workforce, or about 600 employees, Chief Executive Robert Kyncl announced this week.
Warner Music Group will lay off about 4% of its global staff, or about 270 employees, beginning Wednesday. Newly instated CEO Robert Kyncl announced the move via company memo Wednesday morning, ...
The tough news continues for the music industry as Warner Music announced that it will lay off 10% of its staff, or 600 people, in the coming weeks. Plus Icon Film Plus Icon TV ...
As Variety reports, 10 percent of the Warner Music staff — 600 people — will be laid off in the weeks to come in an effort to "double down on core business," according to CEO Robert Kyncl.
Warner Music Group Corp. is planning to lay off about 600 employees, or around 10% of its workforce, as part of a restructuring plan aimed at freeing up more cash to invest in music and boost growth.
Warner Music WMG0.82%increase; green up pointing triangle expects to lay off more employees than it originally forecast as part of a restructuring plan aimed at boosting its core recorded-music ...
Universal Music Group to Lay Off ‘Hundreds’ in ... Warner reduced staff by around 4% in March and new CEO Robert Kyncl laid out plans in an internal memo last week for a broad change in ...
In 2024, Warner Music laid off 600 employees, or approximately 10% of its workforce, and in 2023, 270 jobs were cut. Warner Music Group shares closed at $27.83, up 2.17%, on Tuesday.