Tuesday, February 17, 2009

Interscope Fires Many

The suits at Interscope who ruined America’s music business are now seeking to ruin America’s economy by adding 24 people to the unemployment pool.

Says Billboard:

Roughly two dozen staffers were cut at Interscope Geffen A&M on Friday, according to sources. The layoffs hit the A&R, marketing and promotion departments and impacted mostly mid- and entry-level staffers, according to one source. The layoffs come as Interscope plans for highly anticipated albums from 50 Cent, U2 and Eminem in the coming months.


I’m sure the layoffs had something to do with Jimmy Iovine’s depleted retirement funds, because seriously who can survive on $250 million a year? At least, they’ll have more money and less personnel available to help make Eminem’s Relapse LP a success. 

 

Posted by DJ Kid Relly


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