Monday, May 07, 2007

Warners drops staff

Adjusting too late to the new music business, Warners is expected to announce 400 sackings and investment in its digital activities as part of yet another restructuring. Although nobody really wants to be dumped by their employers, the 400 getting out while there's still money in the kitty for severance might be seen as the lucky ones in a few year's time.

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