Warner Music Group is set to lay off approximately 10% of its workforce, totaling about 600 employees, as part of a restructuring plan. The company is also seeking buyers for Uproxx and HipHopDX, aiming to refocus on its core business. CEO Robert Kyncl confirmed the layoffs in a memo to staff, with the changes expected to be implemented by fall.
Warner Music Group is planning to lay off 600 employees, chief executive announces https://t.co/vzMLIPHwnN
⬇️⬇️⬇️ Warner Music to Lay Off 600 Staffers by Fall as Company Exits Digital Media, Including Uproxx CEO Robert Kyncl announced the plan in a memo to staff. Read more: https://t.co/Ob2CWAb6FS
Warner Music Group will eliminate 600 positions, or roughly 10% of its staff, the company said in a statement Wednesday. https://t.co/D9IwDTm5ft
Warner Music to cut 600 jobs, or 10% of staff https://t.co/DOAWy04azo
Warner Music to Lay Off 10% of Staff in Effort to ‘Double Down on Core Business’ (@jemaswad - @Variety) https://t.co/oSSnaOPDFn
Warner Music Group will lay off 10% of its worldwide workforce, about 600 people, CEO Robert Kyncl said in a memo released today https://t.co/Zisq1P17mT
Warner Music Group Laying Off 10 Percent Of Workforce, Seeking Buyers For Uproxx and HipHopDX https://t.co/Zisq1P0zxl
Warner Music to lay off 10% of workforce as part of restructuring plan https://t.co/HMxvxLzJqq
Warner Music Laying Off 600 Employees As It Looks To Sell Uproxx https://t.co/EdHeHmRET3 https://t.co/MLKsGBBFfH