Warner Music slashing 750 jobs — or 13% of workforce — in major restructuring
WMGWarner Music(WMG) New York Post·2024-09-20 07:33

Warner Music Group said 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.In February, Warner Music, home to artists such as Dua Lipa and Teddy Swims, said that it would cut 600 employees – about 10% of its workforce.The job cuts will impact teams such as its in-house ad sales business and other support functions.The job cuts at Warner, home to Dua Lipa, will impact teams such as its in-house ad sales business and other ...