Live nation laying off 50% of its staff as of may 2020
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My husband was laid off 9/18 Scottsdale office
kinda surprised they didnt do this months ago; there are no events to sell tickets for, their revenue has to be basically zero. aint no business able to plan for that.
It was reportedly 20% based on the article in Billboard in May. Regardless it is more now as they've continued to furlough including a bunch more last week.
https://www.billboard.com/articles/business/touring/9378972/live-nation-furloughs-600m-cost-reduction