EMI Restructuring: Job Cuts May Hit 2,000; Dropped Artists; £200m Raise: Reports
Jan 13, 2008 10:30 PM
Terra Firma’s much-anticipated restructuring of EMI will result in major job cuts and a fresh equity investment, according to reports on the eve of the announcement. Up to one third of the company’s 6,000 employees may be let go, and it may drop many of its unprofitable bands. Other points…
Posted In: Entertainment, Music, Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, EMI, emi
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