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Roadrunner Records Slash Staff and Shut Down Offices

04/30/2012
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(Classic Rock) Leading rock and metal label Roadrunner Records has slashed its staff around the world, closing its UK, Europe and Canada offices and making at least 36 staff redundant.

Founder Cees Wessels has also stepped down, 17 months after the label was sold to Warner Music Group.

It's thought to be a cost-cutting exercise on the imprint which is home to dozens of big-name acts including Lynyrd Skynyrd, Rush, Slash, The Cult, Ratt, Dream Theater, Airbourne and Queensryche.

Classic Rock Magazine is an official news provider for antiMusic.com.
Copyright Classic Rock Magazine- Excerpted here with permission.

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