March 29 (Reuters) - Media company Warner Music Group Corp said on Wednesday it will layoff 4% of its workforce, or 270 employees, globally and cut down discretionary spending in the near future.

Warner Music Group is cutting 4% of its global staff, in what its chief executive Robert Kyncl described as part of an effort to "evolve" the music giant. The cuts, announced Wednesday in a staff ...

(Reuters) - Media company Warner Music Group Corp said on Wednesday it will layoff 4% of its workforce, or 270 employees, globally and cut down discretionary spending in the near future. In an email ...

D-Nice and Warner Music Group CEO Robert Kyncl attend the Warner Music Group Pre-Grammy Party at Hollywood Athletic Club. (Roger Kisby / Getty Images for Warner Music) ...