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 ...

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 ...

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 part of its fourth-quarter earnings call, Universal Music Group (UMG) said that a “strategic ... The redesign is expected to include the long-awaited layoffs that have been signaled by ...

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 ...

Jan 12 (Reuters) - Universal Music Group (UMG.AS), opens new tab will lay off some employees in 2024, a company spokesperson said on Friday, making the world's largest record label the latest to ...

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 ...

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See About archive blog posts. Universal Music Group went into 2009 much the same way it did 2008, boasting an industry market share of more than 30%, according to Nielsen SoundScan, making it the ...