News After emerging from bankruptcy, Audacy lays off up to 300 staff (reports) Audacy has significantly reduces its debt and is now focused on 'streamlining resources to stay competitive'
News Following app debacle, Sonos slashes 12% of workforce amid takeover talks The company has laid off 200 people ahead of the release of its fiscal Q1 results
News Downtown confirms layoffs at CD Baby amid restructuring The company says it's "re-allocating resources towards long-term growth opportunities"
News Latest round of TIDAL layoffs could hit a quarter of staff (report) Speculation within the company says as many as 100 people could lose their jobs
News TikTok slashes hundreds of jobs globally as it shifts focus to AI content moderation (reports) Some 500 people are losing their jobs in Malaysia, along with potentially 125 layoffs in the UK
Analysis News Robert Kyncl talks Believe, M&A, India, superfans and more on WMG’s latest earnings call WMG says it's the only one of the major to grow market share in India and Sub-Saharan Africa last year
News SiriusXM trims another 3% of workforce, citing efficiency and streaming push (Report) CEO Jennifer Witz says the company needs to be "more efficient, agile, and flexible" in today's changing landscape
News TikTok cuts 60 jobs across sales and advertising divisions (Report) The layoffs come despite strong revenue growth and ambitious plans at the social media company
News TIDAL cuts 10% of staff as parent company Block enforces cost-saving measures Parent company Block recently said it's planning to implement a cap on its headcount.
News Utopia axes 5% of staff as company shuts down R&D operations in the UK and Finland A spokesperson told MBW that, 'Utopia is currently streamlining its organization to increase efficiency'.
Analysis Interviews News Utopia wants to be the ‘operating system’ for the music industry, and 3 other things we learned from founder Mattias Hjelmstedt’s new interview In a rare interview on the Dealmakers podcast with Alejandro Cremades, Utopia founder Mattias Hjelmstedt dropped some hints as to what has been happening with the company
News Spotify cuts 200 jobs as it restructures its podcast division Layoffs represent about 2% of the company’s total workforce
Analysis News Meta launches latest round of layoffs, as company’s market cap value rebounds Round of layoffs announced in March began on Tuesday (April 18), according to reports