Photo Credit: Yo-Yo Ma by Joi Ito / CC by 2.0 Amid continued cost-cutting at major labels, whispers emerge of Sony Classical enacting mass layoffs. As major labels continue their onslaught of cost-cutting endeavors, classical […]
Photo Credit: SiriusXM SiriusXM makes a new round of layoffs this week after cutting about 100 jobs in January. The number of affected employees this round was undisclosed. The layoffs took place on Monday, according […]
Photo Credit: Glo Bartlett After exiting bankruptcy, Audacy lays off as many as 300 employees in its first major effort to cut spending. Now that Audacy is no longer in bankruptcy, the company is working […]
Photo Credit: SeatGeek Employees in Berlin and New York departing from SeatGeek say the company is cutting around 15% of its workforce worldwide. SeatGeek is the latest company in the broader music industry to cut […]
Companies have been cutting costs. | Photo by Natt Garun / The Verge Over the last couple years, it feels like we’ve heard news of mass layoffs and hiring freezes from tech companies nearly every […]
Matthew McConaughey Salesforce Deal Pay (Photo Credit – Facebook) Big Tech’s been shedding talent like a snake sheds its skin, and Salesforce is no exception. In fact, the cloud software titan laid off a jaw-dropping […]
Photo Credit: CD Baby Digital Music News has learned that distributor CD Baby has laid off several staffers. Rumors of the layoffs first cropped up last week with the news confirmed by two separate sources. […]
Photo Credit: Cumulus Media Cumulus Media starts layoffs in Indianapolis and Central Pennsylvania following iHeartMedia’s job cuts last week. Cumulus Media has started layoffs in Indianapolis and Central Pennsylvania this week ahead of the holiday […]
Photo Credit: iHeartMedia Radio giant iHeartMedia gears up to cut hundreds of jobs as music streaming continues to crush music radio. The biggest broadcast company in the world, iHeartMedia, has started laying off hundreds of […]
Paramount Global launched a deep round of staff cuts Tuesday, a move aimed at eliminating nearly 2,000 jobs by year’s end as the company prepares for a new ownership regime. Company leaders announced last week […]
Getty Image NOBULL made a big mistake with its most recent social media post that targets company-wide layoffs at Nike. The NFL-backed sports apparel brand openly mocked its competitor after doing the exact same thing […]
Photo Credit: Spotify Amid an aggressive push for podcasting profitability, Spotify has announced yet another round of layoffs – affecting about 200 individuals working in and around its “global podcast vertical.” The Stockholm-headquartered platform unveiled […]
SoundCloud has announced another round of layoffs, with plans to let go of 8% of the company’s workforce, Variety reports. The news arrives less than a year after SoundCloud’s sizable reduction in staff by roughly […]
Eliah Seton, who’s announced another round of SoundCloud layoffs, which are expected to impact about eight percent of the company. Photo Credit: SoundCloud About 10 months after axing roughly one-fifth of its global workforce – […]
EXCLUSIVE: As Disney cuts 4K staffers across the conglomerate in a goal to reach $5.5 billion in savings, Deadline has learned that on the feature side, those being laid off were largely comprised of mid-level […]
Photo Credit: Downtown Music Holdings Following a series of layoffs and shakeups, Downtown Music Holdings appears to be undergoing another re-organization. Downtown announced the layoffs in March 2023, with impacted people working in publishing roles, […]
Photo Credit: Turag Photography Microsoft is shutting down its metaverse unit comprising 100 employees amidst broader layoffs. Microsoft has internally announced disbanding its Industrial Metaverse Core group, a division comprising around 100 employees focused on bringing the […]
Photo Credit: Travis Gergen Disney is exiting the metaverse entirely — and laying off around 50 employees from its metaverse division. The move comes as the Walt Disney Co. announced a round of layoffs impacting […]
Photo Credit: ilgmyzin Twitch has announced layoffs impacting around 400 people as part of Amazon’s broader layoffs. Details on other Amazon divisions, including Amazon Music, remain scant. Twitch CEO Emmett Shear stepped down from his […]
Downtown Music has reportedly triggered another round of layoffs amid a broader effort to reduce spending. Photo Credit: Adolfo Félix A little over five months after nearly 30 CD Baby and Soundrop team members were […]