Warner Music Germany is facing up to 100 job losses, sources say. The Hamburg-based affiliate’s president Bernd Dopp is understood to have announced the layoffs during a staff meeting today (March 31).
As previously reported, about 1,000 Warner Music Group employees around the world are being let go as the major’s new owners strive for a projected $225 million in cuts.
A spokesman declined to discuss who would be affected by the latest job cuts, saying discussions with staff were ongoing. Warner Germany currently counts 230 employees.
Just 24 hours earlier, Dopp ended speculation on the future location of the German company when he declared its national headquarters would remain in Hamburg. The company will relocate to new premises in the historical warehouse district, where buildings more than 100 years old are being converted into modern offices.
“The city’s very favorable offer and the immense creative potential of the local music scene ultimately tipped the scales in favor of remaining in Hamburg,” Dopp says in a statement. The city of Berlin had for some months attempted to lure Warner Music with offers of reduced rent and subsidies.