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Atlantic Music Group Announces Two Dozen Layoffs in Effort to ‘Achieve Maximum Impact for Artists’

Jem Aswad Executive Editor, Music As expected, Atlantic Music Group announced on Monday that it will be laying off around two dozen people, with the majority coming from the radio and video departments. In an internal memo to the company’s staff obtained by Variety, chairman-CEO Julie Greenwald said Atlantic will be “bringing on new and additional skill sets in social media, content creation, community building and audience insights” in an effort to “dial up our fan focus and help artists tell their stories in ways that resonate.” The move reflects similar ones at the major labels recently, as they recalibrate to meet the leveling-off of streaming growth.
variety.com

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