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COMPANY TOWN | Deals

Sony Music to Cut 36 Jobs in Restructuring

September 23, 1997|Chuck Philips

In a move to cut costs, New York-based Sony Music will dismiss an estimated three dozen employees this week from its Epic and Columbia record labels and its Sony Music distribution sector. The firings are part of a realignment that began last week with the replacement of Epic Records President Richard Griffiths with Sony's 550 Music chief Polly Anthony. There is speculation within the corporation that the promotion and marketing departments at Epic and 550 could face further downsizing in the months ahead. On Monday, a Sony spokeswoman said the company planned no further job cuts.

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