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EMI cuts 2,000 jobs, blames digital music

MacNN

Tuesday January 15, 2008. 05:00 PM
MacNN

Major music label EMI will slash as many as 2,000 jobs in a bid to sustain itself, company chief Guy Hands revealed today. Although the firm's music contains only about 4,500 workers, at least one third (1,500) and as many as 2,000 will be let go to reduce the beleaguered label's costs by as much as $393 million per year. This will also come with...
Major music label will slash many jobs sustain itself company chief cuts jobs blames digital music
EMI cuts 2,000 jobs, blames digital music Read more at MacNN
www.macnn.com/articles/08/01/15/emi.cuts.2000.jobs/

 

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