Digital Music News:

Island Def Jam Music Group initiated another round of layoffs on Friday, according to multiple sources to Digital Music News. This time, the sources are coming from New York, and that’s where most of the cuts appear to be happening.

Here’s what we know so far: In terms of the numbers, this doesn’t appear to be a bloodbath, though estimates are pushing into the twenties. One source pegged the figure in the ‘low-20s,’ while another dialed the headcount even higher. But existing staff levels are already slim, thereby limiting the potential cut totals…

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