EMI & Capital Begin Deep Staff Cuts

The promised cuts have begun at EMI and its labels.  According to various reports:

• 10 are out at Blue Note, mostly in NYC
• Capitol Nashville VP of A&R Larry Willoughby and VP of Sales Bill Kennedy
• Denise Arguijo, a production manager in Nashville
• David Pak and a number of others exit from Caroline
• In house art and design staffs suffering severe cuts
• Anything that can be outsourced will be
• Total layoffs of 1500-2000 expected. Almost 30-40% of the workforce
• Expect more pink slips and details today 
  

Sources: Daily Swarm, Velvet Rope, Billboard, original reporting