Department heads in promotion and communications at Interscope and Def Jam are among those who have been let go. The layoffs and restructuring at the Universal Music Group have begun to take place ...

As expected, layoffs began hitting Universal Music Group almost immediately after the company’s earnings call on Wednesday. The moves, which have been signaled by chairman-CEO Lucian Grainge ...

UPDATE: As expected, layoffs commenced today at Universal Music Group, which includes Interscope, Republic, Capitol, Def Jam and Island, as well as catalog division Universal Music Enterprises and ...

Universal Music Group NV (OTC: UMGNF) announced a "strategic organizational redesign" during its fourth-quarter earnings call, aiming for "efficiencies in targeted cost areas while strengthening ...

Universal Music Group has posted higher-fourth quarter revenues and adjusted earnings as the major label was lifted by the latest releases from Taylor Swift, Seventeen and Lil Baby. The music ...

Universal Music Group will lay off some employees in 2024, a company spokesperson said on Friday, making the world's largest record label the latest to join a wave of layoffs this year.

Universal Music Group Chief Says Talks Are Underway With Streaming Giants Over Artist Pay. Overall quarterly revenue jumped 16.7 percent to 2.94 billion euros ($3.14 billion), or 8 percent when ...

See Also: Universal Music Group Announces Major Layoffs Amid $271M Strategic Overhaul The streaming revenue also saw a significant decline, falling 3.9% ex-FX, a stark contrast to the 10.3% growth ...

The layoffs and restructuring at the Universal Music Group have begun to take place, multiple sources tell Billboard. Layoffs continued Thursday (Feb. 29), and some staffers speculated to ...