WMG will reduce headcount by $170 million, CEO Robert Kyncl wrote in a memo to WMG staff on Tuesday, as part of an effort to ...

Spotify, once the undisputed leader of the music streaming world, is now facing a major crisis. Despite its dominance, Spotify’s business model is failing. From constant price hikes to mass layoffs, ...

Recent statements from firms like Amazon, Shopify, British Telecom, Duolingo, and Klarna suggest that automation is reducing ...

The tech giant intends to reduce organizational layers by having fewer managers and streamlining its products, procedures and ...

From more music-focused competition series to streaming service updates, here are three things rocking the music business world.

Layoffs across the United States have climbed to the highest level since 2020, when the COVID-19 pandemic slowed down ...

RIVIAN Rivian to lay off 10% of salaried workers, with some impact to Normal plant From the Follow our coverage: Rivian Automotive's growth in Bloomington-Normal series Mateusz Janik Feb 22, 2024 0 ...

Experts say the layoffs of roughly 7,000 IRS workers likely mean the end of the agency’s plans to go after high-wealth tax dodgers and could spell disaster for revenue collections.

The layoffs, impacting up to 180 jobs, are a result of cost-cutting measures and the contract ending in April 2025. Lockheed Martin announced on Friday, June 20, that it will be laying off 10% of ...

Experts say the layoffs of roughly 7,000 IRS workers likely mean the end of the agency’s plans to go after high-wealth tax dodgers and could spell disaster for revenue collections.