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 ...

Universal Music Group is preparing for layoffs in order to create "efficiencies" in response to the "dynamic market," according to a spokesperson.

Universal Music Group announced a strategic organizational redesign aimed at cost efficiencies and enhancing artist connections. The first phase of restructuring will commence immediately. Get ...

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 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 ...

After weeks of rumors, Universal Music Group confirmed that it will lay off an unspecified but significant number of employees in the coming weeks ...

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 ...

As expected, layoffs began hitting Universal Music Group almost immediately after the company’s earnings call on Wednesday.

The layoffs, which will affect about 175 employees, were signaled as far back as January. Reports then suggested that the studio could cut up to 20% of its staff.

Layoffs Are Underway at Universal Music Group Department heads in promotion and communications at Interscope and Def Jam are among those who have been let go.

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.