Yep, Layoffs Coming To Universal Music
Vivendi Universal CFO Philippe Capron confirmed yesterday that he’s working on a cost-cutting plan for Universal Music Group.
“A lot of fat can be taken out without hurting muscle and bones,” he said. There is what he described as “very, very significant potential” for cost savings.
Universal Music Group employs 7,100 people worldwide.
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in