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Layoffs Begin at Atlantic Music Group
As expected, in the wake of the impending departures of top Atlantic executives, a large wave of layoffs have begun at the storied label.
As expected, in the wake of the impending departures of top Atlantic Music Group executives Julie Greenwald and Kevin Liles, a large wave of layoffs have begun at the storied company as it begins what Warner Music CEO Robert Kyncl describes as “a new dynamic structure for the label group.” Incoming Atlantic CEO Elliot Grainge officially starts work on Oct. 1; Warner’s head of recorded music, Max Lousada, also announced his departure earlier this year, clearing the way for a structure in which all of the company’s label and publishing heads report directly to Kyncl. Since we announced Julie would be stepping down, we’ve been thoughtfully working on how to evolve Atlantic Music Group for the future.
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