Universal Music Group Hit With Layoffs, Several Top Execs to Leave Company

Universal Music Group is implementing extensive layoffs across its U.S. and U.K. operations this Wednesday and Thursday. These moves follow previous layoffs in the company's Canadian operation last month. As part of the 2024 restructure plan, several top executives are departing, including Def Jam chairman/CEO Tunji Balogun, Polydor president Ben Mortimer, and Interscope head of pop/rock A R Sam Riback. The shakeup involves multiple leadership exits across various labels as the company completes its organizational restructuring.