Warner Music Group Rumored To Layoff 400

Warner Music Group is reportedly planning to dismiss 400 employees in the near future. The layoffs are being deployed to make room for new initiatives in WMG’s growing digital operations.

The restructuring will place further emphasis on digital strategy and distribution, which will include new hires. It is believed that the layoffs will be staggered, rather than all coming down at once.

Author: FutureMusic

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