Warner Music Group to Lay Off 4% of Staff, Reduce Open Positions in ‘Reallocating Resources’ Effort

Warner Music Group will lay off approximately 4% of its global staff, or about 270 employees, beginning Wednesday. Newly instated CEO Robert Kyncl announced the move via company memo Wednesday morning, according to media reports, and noted that all affected staffers will be informed by Thursday.…

#warnermusicgroup #robertkyncl #kyncl #wmg #variety