There’s something brewing at Atlantic Records. Variety reports in the wake of the expected departures of Atlantic Music Group's top executives, Julie Greenwald and Kevin Liles, the company has initiated significant layoffs as it restructures.

Atlantic Records is undergoing significant changes as it faces a wave of layoffs. Among those reacting to the news is the iconic rapper Nicki Minaj.

Incoming Atlantic CEO Elliot Grainge officially starts work on Oct. 1 Variety has obtained an internal memo from Warner Music CEO Robert Kyncl, which follows in full. Hi everyone, Since we announced Julie would be stepping down,

As expected, in the wake of the impending departures of top Atlantic Music Group executives Julie Greenwald and Kevin Liles, a large wave of layoffs have begun at the storied company as it begins what Warner Music CEO Robert Kyncl describes as “a new dynamic structure for the label group.