Downsizing in an era of record profits - Account Director Sony Music Entertainment Employee Review

A never ending cycle of heartbreaking layoffs. "Sony Corp's Sony Music Entertainment, Sony Music Entertainment Japan and Sony Music Publishing posted a 14% uptick in revenue in the fiscal year ending 3/31, powered by gains in subscription streaming revenue." - Hits Magazine, 5/14/25 And they laid off 100 people this year so far. Not to mention Q1 of 2024. Internally the meetings are all based around how much harder we all needed to perform. How can we "do more?" When externally, the press optics are how historically profitable they are. I was callously let go after 20+ years without as much as a 'thank you for your service.' Corporate greed at its most shameless.