Zomba Zaps 350 Staffers
Zomba Music Group, home to teen-pop powerhouse Jive Records, will be saying “bye, bye, bye” to as many as 350 employees out of its 1,800-strong global staff over the next nine months as part of its long-awaited integration into parent company Bertelsmann Music Group. The layoffs, which will be spread out evenly over the course of the year, are part of a larger effort to bring Zomba’s stable of imprints – including Jive, Verity, Silvertone and Volcano – into the major-label group’s worldwide infrastructure. From a brand standpoint, Zomba will remain very much independent from BMG, with major imprints and… Read more »