Warner Music Canada Cuts at Least 24 Jobs

Warner Music Canada has laid off at least 24 staff members across divisions such as marketing, A&R and catalog.

Why it matters:

• The layoffs are part of a wider global restructuring across Warner Music Group (WMG) and follow a raft of redundancies in other territories.

• The cuts were signaled by WMG CEO Robert Kyncl in July when he announced a plan to reduce annual costs by $300 million.

The details:

• As per Digital Music News (DMN), the layoffs occurred on November 18, the same day Julia Hummel and Madelaine Napoleone were named as the new Warner Music Canada Co-General Managers.

• Prior to the cuts Warner Music Canada employed around 185 people, with the layoffs representing a 12% cut.

What they said:

• A Warner Music spokesperson, to Billboard Canada: “Canada is rich with musical talent. We remain committed to growing our presence here. These changes will help us focus on the most extraordinary local artists and help them have a greater global impact.”