CD Baby Hit by Layoffs as Downtown Music Consolidates Operations
CD Baby, owned by Downtown Music Holdings, has implemented layoffs affecting multiple staff members, primarily in their Creator Services customer support unit. While the exact number remains unconfirmed, sources suggest over 20 employees have been impacted.
The company released an official statement explaining that they are consolidating certain functions with Downtown and redistributing resources toward long-term growth opportunities. CD Baby acknowledged the contributions of affected staff members and affirmed their commitment to maintaining their music-first approach.
This development follows a broader trend of layoffs across the music industry in 2023-2024, including:
- Warner Music Group: 750 jobs cut (fourth round in 18 months)
- Universal Music Group: 400-800 positions eliminated (4% workforce reduction)
- Tidal: 100 employees laid off (25% workforce reduction)
- iHeartRadio: 500 positions cut (5% workforce reduction)
- Other affected companies: Distrokid, Spotify, BMG, and Cumulus
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