The layoffs and restructuring at the Universal Music Group have begun to take place, multiple sources tell Billboard. Layoffs continued Thursday (Feb. 29), and some staffers speculated to ...

UPDATE: As expected, layoffs commenced today at Universal Music Group, which includes Interscope, Republic, Capitol, Def Jam and Island, as well as catalog division Universal Music Enterprises and ...

As expected, layoffs began hitting Universal Music Group almost immediately after the company’s earnings call on Wednesday. The moves, which have been signaled by chairman-CEO Lucian Grainge ...

Universal Music ... trends within the music and media industry, with other major players like Warner Bros. Discovery Inc's WBD Warner Music Group also announcing layoffs to optimize resources ...

By Melinda Newman As Universal Music Group chairman/CEO Lucian Grainge ... to “cut to grow,” UMG is expected to begin laying off employees as soon as this quarter. Bloomberg first reported ...

After weeks of rumors, Universal Music Group has confirmed that it will be laying off an unspecified but significant number of employees in the coming weeks. The company’s recorded-music ...

The music major, led by chairman and CEO Lucian Grainge, saw overall revenues rise 16.7 percent to 2.94 billion euros ($3.14 billion) as streaming and subscription revenues rose year-over-year.

The layoffs and restructuring at the Universal Music Group have begun to take place, multiple sources tell Billboard. As part of the new structure, several top executives have been laid off ...