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Island Def Jam loses some staff
By CMU Editorial | Published on Tuesday 16 August 2011
There were more lay offs within the Universal Music Group Stateside last week, according to reports. And not just N-Dubz.
Although most majors have been quietly streamlining for some time, both in the US and here in Europe, Universal is going through more radical changes as part of a restructuring instigated since Lucian Grainge took over as boss.
The latest layoffs, according to Digital Music News, were in the major’s Island Def Jam division. It is thought between 20 and 30 execs will be cut, mainly from the major’s New York offices.