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,
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
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 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.
Warner Music Increases Layoff Plans
The entertainment conglomerate now expects to cut its workforce by 13%, or about 750 employees—up from a 10% reduction.
Warner Music to lay off more employees in restructuring drive
Warner Music (NASDAQ:WMG) is now expecting to lay off more employees than it originally planned as part of a restructuring drive to free up more funds to invest in its core music business and accelerate its growth for the next decade.
The Source Magazine16h
SOCIALizing: Nicki Minaj Shades Atlantic Records Layoffs: “UPS is Hiring”
Nicki Minaj took her pettiness to new heights. The Pink Friday rapper gave zero F's when she took to social media on Thursday ...
5 Things to Know Before the Stock Market Opens
U.S. stock futures are mostly edging lower ahead of "triple witching," Nike jumps on new CEO, FedEx slumps on downbeat ...
Nicki Minaj Taunts Atlantic Records Executives After Massive Layoffs Announcement: 'UPS Is Hiring'
Atlantic Music Group’s CEO Robert Kyncl warned about the upcoming layoffs in an internal memo obtained by Variety. Although ...
Spotify3d
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 ...
Warner Music Group (WMG) Gets a Buy from Evercore ISI
Evercore ISI analyst Kutgun Maral maintained a Buy rating on Warner Music Group (WMG – Research Report) today and set a price target of ...
Nicki Minaj Makes Jokes About Atlantic Records’ Massive Layoffs
Nicki Minaj always gets the last laugh — well, at least according to her. The Hip-Hop icon took to her socials on Thursday ...
Exclaim!17h
Nicki Minaj Jokes About Atlantic Records Layoffs: "UPS Is Hiring"
As reported yesterday (September 19), dynamic restructuring at Warner Music Group (WMG) has led to a wave of layoffs at ...