Universal Music Group Cuts More Jobs Under $270 Million Savings Plan

Universal Music Group has laid off more executives as it continues a previously announced $270 million cost-cutting program.
UMG Cuts More Jobs as $270M Cost-Savings Plan Advances UMG Cuts More Jobs as $270M Cost-Savings Plan Advances

Universal Music Group (UMG) has made another round of executive layoffs under its previously announced $270 million cost-cutting program, extending restructuring efforts across its labels and divisions.

The departures include:

  • Tunji Balogun
  • Ben Mortimer
  • Nicole Wyskoarko
  • Sam Riback

The latest cuts follow other restructuring measures at UMG this year as the company seeks to simplify operations and lower overhead across its labels and divisions.

Previous Post
Streaming Services File Opening Rate Proposals for Songwriter Royalties in Phonorecords V

Streaming Services Propose Songwriter Rates for Phonorecords V

Next Post
PASIC 2026 Returns to Indianapolis With Steve Gadd, Sheila E Set for November

PASIC 2026 Returns to Indianapolis With Steve Gadd and Sheila E