Universal Music Group is implementing widespread layoffs across its U.S. and U.K. operations, impacting numerous employees and several senior executives. These cuts follow earlier reductions in the company's Canadian division and the departure of a long-standing executive. High-ranking officials from Def Jam Records, Interscope Records, and Republic Records are among those leaving their positions. The company cites industry transitions and consolidation costs as factors contributing to these difficult decisions. These layoffs are part of a broader trend of staff reductions occurring across major music companies.
New York, New York
https://variety.com/2026/music/news/universal-music-group-layoffs-top-execs-out-1236911991/