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posted by
davidt
on Wednesday October 12 2005, @11:00AM
Aly Panic writes:
After a series of profit warnings Sanctuary is to cut a quarter of its staff. ---
The company expects a trading loss for the year to the end of September. Sanctuary cuts a quarter of staff - BBC News Dan Cody also writes:
UK music management business and record label Sanctuary is to cut its workforce by a quarter after a series of profit warnings following weak trading.
The firm, which has offices in London, Houston, Los Angeles, New York and Berlin, is to cut 175 jobs but has not yet said where the axe will fall. Sanctuary's stable of artists include Sir Elton John, the Manic Street Preachers, Morrissey and Iron Maiden. The firm said it hoped the move would soon return to profitability. Source BBC Teletext.
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First, and last, word (Score:1)
Still a little pruning can work wonders in the right season, and under an able gardener!
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