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Recent News on the Keywords, lay off + christian group + emi , Related to the Article Below:

EMI Christian Music Group to lay off workers
USA Today - Apr 2, 2008
(AP) ? An EMI Christian Music Group official says the company plans to lay off an unspecified number of employees at its Brentwood headquarters. ...
EMI restructuring faces contractual obstacles
Reuters UK, UK - Apr 22, 2008
EMI, now owned by private equity firm Terra Firma, wants to lay off 2000 employees as part of a plan to tear down label walls and international boundaries, ...

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Source: Google News
   
   
BRENTWOOD, Tenn. (AP) — An EMI Christian Music Group official says the company plans to lay off an unspecified number of employees at its Brentwood headquarters.

EMI spokeswoman Jeanne Meyer on Wednesday would not say how many people would be laid off from the Christian group, where about 250 people work.

Meyer said the layoffs are part of London-based EMI Group PLC's plans to reduce its total workforce by 1,500 to 2,000 workers.

The layoffs are expected to be completed by June and are part of an overall restructuring of the music company, which was acquired by the private equity firm Terra Firma last year.

EMI said the overhaul would allow its labels, which include Capitol and Virgin, to spot and sign new artists and better handle existing ones.

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