Warner Music Group Discloses Expected Financial Impact of Atlantic Layoffs
Warner Music Group in a new SEC filing disclosed the expected financial impact of reducing headcount and other cuts at Atlantic Music Group this week.
Warner Music Expands Layoffs in Restructuring Push
KEY TAKEAWAYS Warner Music Group said it is going to increase its planned layoffs as part of an updated restructuring plan aimed at freeing up cash to boost its core music operations.The entertainment company said it would reduce its staff by about 750 employees or 13% of its total headcount,
Warner Music Increases Layoff Plans
The entertainment and record label conglomerate said that it will reduce its workforce by about 750 employees, representing 13% of its total headcount.
Warner Music to cut additional 150 jobs in restructuring push
Warner Music Group said on Thursday it would lay off about 750 employees, or 13% of its workforce, as part of a revised strategic restructuring plan to free up funds.
Hundreds of Layoffs Expected at Atlantic Records as Warner Music Group Begins "Dynamic Restructuring"
The pending departures of top execs will enable a new structure where all WMG subsidiary label and publishing heads report to CEO Robert Kyncl
Layoffs Begin at Atlantic Music Group
As expected, in the wake of the impending departures of top Atlantic Music Group executives Julie Greenwald and Kevin Liles, a large wave of layoffs have begun at the storied company as it begins what Warner Music CEO Robert Kyncl describes as “a new dynamic structure for the label group.
Warner Music Group Announces Restructure of Atlantic Music Group, Including Layoffs
As part of a broader restructuring at Atlantic Music Group, a number of staffers were laid off today as Elliot Grainge prepares to take over as CEO.
Warner Music to lay off more employees in restructuring drive
Warner Music (WMG) is now expecting to lay off more employees as part of a major restructuring drive. Read more.
Spotify, Warner Music, Live Nation Lead Music Stocks to New High
The Billboard Global Music Index rose 4.1% to a record 1,873.87 this week, bringing its year-to-date gain to 22.2% thanks to ...
Kevin Liles to Leave Warner Music Group
In the latest shakeup at Warner Music Group, 300 Elektra chief Kevin Liles will leave the company at the end of the year.
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Warner Music Group’s emissions reduction targets validated by Science Based Targets initiative
Warner Music Group has secured validation from the Science Based Targets initiative (SBTi) for its near-term emissions ...
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Kevin Liles to exit Warner Music Group as big changes at major continue under Robert Kyncl
Warner Music Group acquired the Liles-led 300 Entertainment in a $400 million cash deal in calendar Q4 2021. Writing in his ...
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Atlantic Music Group set to reveal reorganisation plan
Atlantic Music Group (AMG) in the US is set to reveal its reorganisation plan next week. In a memo to staff seen by Music ...