News Explorer — Warner Music Spares Web3, AI Roles Amid Layoffs

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Mar 29, 6:50 pm

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Warner Music Spares Web3, AI Roles Amid Layoffs

Warner Music Group, which recently laid off 270 employees, will retain all employees involved in its Web3 and AI-related initiatives. The label's new CEO, Robert Kyncl, has stated that to take advantage of the opportunities ahead, hard choices must be made. Warner Music's next phase will prioritize new tech initiatives and artist and songwriter development, including Web3 and AI.

Warner Music Group, which recently laid off 270 employees, will retain all employees involved in its Web3 and AI-related initiatives. The label's new CEO, Robert Kyncl, has stated that to take advantage of the opportunities ahead, hard choices must be made. Warner Music's next phase will prioritize new tech initiatives and artist and songwriter development, including Web3 and AI.

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