Motown Records Initiates Layoffs as Label Reverses Course, Returning to Capitol Music Group
Motown Records has weathered major changes in the last year, not the least of which include the exit of chairwoman and CEO Ethiopia Habtemariam in November, and is now is planning a restructuring that will bring it back into the fold of Capitol Music Group. With that, layoffs have been initiated, Variety has confirmed, with some 19 staffers being impacted.
Representatives for Motown/CMG declined to discuss personnel matters.
In a statement issued on Thursday, first published by Billboard and obtained by Variety, a Motown spokesperson said: “As Motown returns to the Capitol family, certain positions that had been created when we became a stand-alone label have since become duplicative. These employees are leaving the company and our People, Inclusion and Culture department is helping them find new opportunities — either within or outside of UMG.”…………