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May 09, 2007
Warner Music Cuts Jobs As Losses
Warner Music has announced that it is cutting 400 jobs in response to quarterly losses that were larger than expected. The world's fourth-largest music company reported a fiscal second-quarter net loss of $27 million, or 19 cents a share, compared with a loss of $7 million, or 5 cents a share, a year earlier. "The recorded
From Warner Music Cuts Jobs As Losses
Posted by Jim at May 9, 2007 12:32 PM
