Universal Music Group announces fresh layoffs amid $270 million cost-cutting programme
Universal Music Group (UMG), the world's largest music company, has begun another round of layoffs affecting senior executives across its operations in the United States and Europe as it continues implementing a €250 million ($270 million) annual cost-cutting programme. The post Universal Music Group announces fresh layoffs amid $270 million cost-cutting programme appeared first on Nairametrics .
Universal Music Group (UMG), the world's largest music company, has begun another round of layoffs affecting senior executives across its operations in the United States and Europe as it continues implementing a €250 million ($270 million) annual cost-cutting programme.
The post Universal Music Group announces fresh layoffs amid $270 million cost-cutting programme appeared first on Nairametrics.
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About this article
- Length
- 57 words · 1 min read
- Published
- October 15, 2026
- Byline
- Deborah Dan-Awoh
- Source
- Nairametrics