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Universal Music Plans Layoffs, Structure 'Redesign' for Cost Savings

Universal Music plans layoffs as part of a structure "redesign" for cost savings on its earnings call, saying it will save the company $271 million. ....

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Universal Music Group Plans to Save $270M Per Year With 'Organizational Redesign,' Layoffs

Universal Music Group Plans to Save $270M Per Year With 'Organizational Redesign,' Layoffs
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Capitol Music Group: Tom March Chairman/CEO, Lillia Parsa Co-President

Capitol Music Group Names Tom March chairman and CEO and Lillia Parsa as co-president of the UMG family of record labels. ....

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