RealNetworks Reorganizes
Amidst Layoffs Some Good EMI News

EMI & Capital Begin Deep Staff Cuts

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

  • Emi_logo 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
  • Capital_records 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

Comments