Sony Music Trims 20 (50?) More Staffers
(UPDATED) Sony Music Entertainment has been slowly trimming label staff in recent months. This week 20 more employees were let go according to Billboard. The cuts come were spread across Columbia, Epic and a shared services department.
Previous cuts of about 100 staffers included RCA and other SME divisions. Sources tell Hypebot that the cuts will continue as SME attempts to bring staffing in line with current economic realities.
UPDATE: An informed source told Hypebot this morning that the actual number cut in this round is closer to 50.
Hire some more accountant. You’ll need that…
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