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Market Closed -
Other stock markets
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5-day change | 1st Jan Change | ||
| 27.58 EUR | +2.22% |
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+2.99% | +6.86% |
| Apr. 13 | SAG-AFTRA union secures AI protections for artists in deal with major record labels | RE |
| Apr. 11 | Taylor Swift music back on TikTok despite fight with Universal Music, FT reports | RE |
(Reuters) - Universal Music Group will cut jobs and streamline its operations with the aim of generating 250 million euros ($271.03 million) in run-rate savings by 2026.
In the first phase of the plan, which will be introduced immediately, the group plans to save 125 million euros in 2025, including 75 million euros in 2024, the company said.
($1 = 0.9224 euros)
(Reportin by Dagmarah Mackos, editing by Tassilo Hummel)
| 1st Jan change | Capi. | |
|---|---|---|
| +6.86% | 53.63B | |
| -13.70% | 6.1B | |
| +5.24% | 2.59B | |
| -34.16% | 1.61B | |
| +42.86% | 1.55B | |
| -12.05% | 1.37B | |
| -6.29% | 369M | |
| +36.33% | 181M | |
| -10.20% | 130M |
UNIVERSAL MUSIC GROUP N.V. 
