Universal Music Group's Nashville division, MCA, has implemented layoffs affecting approximately fourteen employees. This move follows broader cost-cutting measures initiated by the parent company. Several key executives, including the COO, were among those let go. These reductions are part of a larger corporate restructuring aimed at achieving significant annual savings. The company cited the need to adapt to industry changes and enhance efficiency.
https://www.billboard.com/pro/universal-music-mca-layoffs-staff-cut-restructuring/