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Universal Music Group hit by new wave of layoffs
Original: Major Shakeup at Universal Music Group with New Wave of Layoffs
Universal Music Group is carrying out another round of layoffs as part of what is being described as a major shakeup at the world's largest music company. The news, reported by Digital Music News, adds to a series of restructuring measures and job cuts across the music industry this year. Details on the number of affected employees and which departments are impacted have not yet been confirmed.
Why now: Ongoing cost-cutting and restructuring in the music industry has put attention on each new round of job losses at the major labels.
Universal Music GroupDigital Music News
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- Major Shakeup at Universal Music Group with New Wave of Layoffs · Digital Music News
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