WMG will reduce headcount by $170 million, CEO Robert Kyncl wrote in a memo to WMG staff on Tuesday, as part of an effort to ...

Warner Music boss Robert Kyncl yesterday wrote to the major’s employees to announce a plan to cut the company’s annual costs ...

Warner Music Group (WMG) has announced a significant new round of layoffs as part of a sweeping restructuring and ...

Combined with previously announced restructuring, Warner should achieve more than half a billion dollars in annual ...

"Augmenting our deep expertise and global infrastructure with Bain Capital’s financial prowess and belief in music will make ...

Yesterday (July 1), Warner Music Group and private investment giant Bain Capital unveiled their plans for a $1.2 billion ...

It was quite the day yesterday for staff at Warner Music Group. At 9am ET, the company announced a joint venture with Bain ...

Warner Music Group will reduce its headcount by $170 million as a part of a larger plan to restructure and reduce costs. It's unclear how many employees will be impacted by the layoffs.

“There is no immediate impact to the team in Australia and New Zealand,” reads a WMG statement, issued to TMN. “We remain ...

Warner Music Group has confirmed plans to cut the company’s annual costs by around $300 million. The major label’s CEO, Robert Kyncl, described the plans as the “remaining steps in our plan to help ...

Robert Kyncl, CEO of Warner Music Group speaks onstage during Vox Media's 2023 Code Conference at The Ritz-Carlton, Laguna Niguel on Sept. 26, 2023 in Dana Point, ...