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Columbia Latest Layoff Target

Some senior execs at Sony BMG’s Columbia Records are the latest to suffer the effects of declining music sales.  Sources have predicted that 40-70 mid-level managers within the Sony BMG. Continue reading [https://www.hypebot.com/hypebot/2007/12/columbia-latest.html]

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Some senior execs at Sony BMG’s Columbia Records are the latest to suffer the effects of declining music sales.  Sources have predicted that 40-70 mid-level managers within the Sony BMG label groups would be forced to leave before the ends of the year. Thus far they include:

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    Stephanie Gayle. Marketing VP
  • CeCe McClendon, SVP Urban
  • Gary Fisher, Video Promotion
  • Maggie Wang, Publicity
  • Tom Muzquiz, Publicity
  • Ron Wilcox, EVP Business & Legal SonyBMG

Rumors continue of deeper cuts at SonyBMG and Geffen. This follows earlier layoffs we reported of 100 at RealNetworks and Universal.