“Universal Music Group is planning what may become hundreds of job cuts to its recorded music division in its first quarter, according to numerous reports.
A company spokesperson confirmed the layoffs on Friday, but did not say how many were anticipated. The company has more than 11,000 employees worldwide.”
Source:https://deadline.com/2024/01/universal-music-group-home-taylor-swift-plans-layoffs-reports-1235790952/