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Hosted on MSN2mon
Warner Music Group to cut 270 jobs, 4% of staff, in an effort to 'evolve'
Warner Music Group is cutting 4% of its global staff, in what its chief executive Robert Kyncl described as part of an effort to "evolve" the music giant. The cuts, announced Wednesday in a staff ...
Hosted on MSN4mon
Splunk to cut 4% of global workforce
Splunk (NASDAQ:SPLK) is the latest technology firm to announce layoffs, with plans to reduce ~4% of its global workforce, mostly in North America, as part of a reorganization to optimize its ...
The Motley Fool28d
Why Warner Music Group Stock Fell on Tuesday
Sales growth accelerated slightly in Q1, but earnings fell. Warner Music is aiming to boost profit margins over time. Tuesday's decline was sparked by a quarterly earnings report that showed ...
Billboard24d
Warner Music Group Is Already Showing Signs of a Second Half Rebound
By Glenn Peoples Warner Music Group raised eyebrows the past two ... 2023 – the company’s second fiscal quarter – was 16.4%, according to Luminate. (That measures WMG’s share of streaming ...
Variety27d
Warner Music’s Publishing Posts Strong Results in Otherwise Bumpy Quarter, CEO Sees Potential in AI and Streaming Price Increases
Looking at the earnings, Warner’s quarterly revenues grew 4.6% over the same previous-year period to $1.39 billion in the first three months of 2023, which were also Kyncl’s first three months ...
Law27d
Dechert to Cut Global Workforce by 5%
The original version of this story was published on The Legal Intelligencer Dechert has become the latest firm to cut attorneys and staff ... approximately 5% of its global workforce.
Yahoo Finance20d
Why Warner Music Shares Are Trading Lower Today
Adjusted OIBDA margin increased by 50 bps to 20.4%. Adjusted EPS of $0.20 beat the consensus of $0.18. Warner Music used $(6) million in operating cash flow and held $601 million in cash and ...
Morningstar1d
Warner Music Group Corp Ordinary Shares - Class A
Warner Music posted better-than-expected fiscal second-quarter results as revenue was in line and adjusted EBITDA was ahead of FactSet consensus. However, shares fell by over 9.5% as streaming ...
Billboard24d
Warner Music Group Is Already Showing Signs of a Second Half Rebound
By Glenn Peoples Warner Music Group raised eyebrows the past two ... 2023 – the company’s second fiscal quarter – was 16.4%, according to Luminate. (That measures WMG’s share of streaming ...
Variety27d
Warner Music’s Publishing Posts Strong Results in Otherwise Bumpy Quarter, CEO Sees Potential in AI and Streaming Price Increases
Looking at the earnings, Warner’s quarterly revenues grew 4.6% over the same previous-year period to $1.39 billion in the first three months of 2023, which were also Kyncl’s first three months ...
Law27d
Dechert to Cut Global Workforce by 5%
Dechert has become the latest firm to cut attorneys and staff, confirming Tuesday that it had started a process it expects to impact approximately 5% of its global ... in a 4% dip in the firm ...
AOL28d
Warner Music’s Publishing Posts Strong Results in Otherwise Bumpy Quarter, CEO Sees Potential in AI and Streaming Price Increases
Looking at the earnings, Warner’s quarterly revenues grew 4.6% over the same previous-year period to $1.39 billion in the first three months of 2023, which were also Kyncl’s first three months ...

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