Warner Music Group to cut 600 jobs to invest more in music ...Middle East

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Warner Music Group to cut 600 jobs to invest more in music
San Francisco:  Global music entertainment company Warner Music Group has announced to lay off 10 per cent of its workforce, or about 600 employees, in order to free up more money for music investment across the next decade. The majority of affected employees will be at the company’s owned and operated media properties, corporate and various support functions, as well as its in-house ad sales function, reports The Hollywood Reporter. In a memo to workers, CEO Robert Kyncl stated that the company is also looking into the “potential sale” of Uproxx and HipHopDX, as well as winding down the podcasting brand Interval Presents and social media publisher IMGN. “As we carry out our plan, it’s impo

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