Universal Music Group to Lay Off ‘Hundreds’ in First Quarter ...Middle East

After weeks of rumors, Universal Music Group has confirmed that it will be laying off an unspecified but significant number of employees in the coming weeks. The company’s recorded-music division is said to be receiving the brunt of the layoffs. UMG chairman Lucian Grainge mentioned forthcoming layoffs in the company’s October earnings call; on Friday, […]

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