Universal Music Group announces layoffs that will affect every division and label of the company
Following a company-wide call at Universal Music Group earlier this week, several employees were informed that they would be impacted by layoffs. Universal Music Group’s labels are being consolidated under Republic Records and Interscope Records. Labels on the East Coast of the United States will be consolidated under Republic Records, while labels on the West Coast of the country will be consolidated under Interscope Records. The layoffs will mostly target workers on the West Coast, and this is due to the removal of redundancies between various Universal Music Group labels. There is significant overlap between positions at Interscope Records and Capitol Records on the West Coast, and there are fewer redundancies between positions at Republic Records and Def Jam Recordings and Island Records on the East Coast, because Def Jam Recordings and Island Records are smaller labels.
See "Universal Music Group announces layoffs that will affect every division and label of the company", Jem Aswad, Variety, March 1, 2024