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Columbia Latest Layoff Target

NEW YORK (Hypebot) –Some senior execs at Sony BMG's Columbia Records are the latest to suffer the effects of declining music sales. Sources have predicted that 40-70 mid-level managers within the Sony BMG label groups would be forced to leave before the ends of the year. Thus far they include:

  • Stephanie Gayle. Marketing VP
  • CeCe McClendon, SVP Urban
  • Gary Fisher, Video Promotion
  • Maggie Wang, Publicity
  • Tom Muzquiz, Publicity
  • Ron Wilcox, EVP Business & Legal SonyBMG

    Rumors continue of deeper cuts at SonyBMG and Geffen. This follows earlier layoffs we reported of 100 at RealNetworks and Universal