Warner Music

Type
Internal restructuring
Country
World
Region
Location of affected unit(s)
Sector
Media
59 - Motion picture, video and television programme production, sound recording and music publishing activities
59 - Motion picture, video and television programme production, sound recording and music publishing activities
59 - Motion picture, video and television programme production, sound recording and music publishing activities
1,000 jobs
Number of planned job losses
Job loss
Announcement Date
3 March 2004
Employment effect (start)
Foreseen end date
1 March 2004

Description

Warner Music will cut its worldwide workforce by 20%, i.e. 1,000 out of 5,000 jobs. The redundancies will be effective within one month.

Sources

  • 3 March 2004: Les Echos

Citation

Eurofound (2004), Warner Music, Internal restructuring in World, factsheet number 59134, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59134.