Warner Music to cut 750 jobs in restructuring push
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Warner Music Group plans to lay off approximately 750 employees, representing 13% of its workforce, as part of a strategic restructuring to save costs. This follows a previous announcement in February to cut 600 jobs. The company aims for significant pre-tax cost savings, with most expected by the end of fiscal 2025. Warner Music anticipates incurring pre-tax charges related to this plan and is also working to streamline its non-core media properties.
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