UMG Recordings, Inc.
Universal Music Group (UMG) is a global music company that engages in recorded music, music publishing, merchandising and audiovisual content. It develops, markets and distributes music and related services for artists, songwriters and labels across physical, digital and streaming platforms.
Layoff timeline
2 EVENTSUniversal Music Group's Nashville division, MCA, carried out layoffs affecting around 14 staffers, including senior executives such as COO Rob Femia and senior VP of promotion and regional marketing Miranda McDonald, as part of a broader corporate restructuring. Additional MCA departures named include the VP of e-commerce and business development and several regional promotion directors. The cuts are part of a company-wide, three-part cost-cutting plan announced in 2024 intended to deliver substantial annual savings by the end of 2026 and have led to executive reductions across UMG's U.S. and international operations. UMG said the reorganization aims to bring in new skills and technology, connect expertise across teams, and improve efficiency while expressing gratitude for those leaving; several other senior UMG executives globally were also reported departing amid the restructure.
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