Roc Nation Coronavirus donates Department Music Roc Nation

Roc Nation Hit With Furloughs, Pay Cuts

Reading now: 244
variety.com

Roc Nation, the multifaceted management-label-publishing company established as a partnership between Jay-Z and Live Nation, was hit with multiple furloughs and pay cuts last month that extend across as much as half the company, multiple sources confirm to Variety.

Reps for Roc Nation and Live Nation did not respond to Variety’s requests for comment. The furloughs and pay cuts — which sources said were in the 10%-20% range — are said to extend across all departments as well as the streaming service Tidal, where sources said the affected areas were largely in the marketing and events departments.

A source tells Variety that the company made the moves quickly last month as the crushing impact of the coronavirus brought two of Roc’s primary

Read more on variety.com
The website starsalert.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA