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home / news releases / WMG - Warner Music to cut staff by 10% to invest more in core business stock +6% after hours

WMG - Warner Music to cut staff by 10% to invest more in core business stock +6% after hours

Warner Music Group Corp.

2024-02-07 18:48:42 ET

Class A shares of Warner Music Group ( NASDAQ: WMG ) on Wednesday rose more than 6% in extended trading, after the record label conglomerate announced plans to cut jobs in order to free up more funds to invest in music....

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Warner Music to cut staff by 10% to invest more in core business, stock +6% after hours
Stock Information
Company Name: Warner Music Group Corp.
Stock Symbol: WMG
Market: NASDAQ
Website: wmg.com
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