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Warner Music, home to artists such as Dua Lipa and Teddy Swims, said that it would cut 600 employees – about 10% of its workforce.

Warner Music Group said on Thursday it would lay off about 750 employees, or 13% of its workforce, as part of a revised strategic restructuring plan to free up funds.

Energy equipment maker GE Vernova said on Thursday it planned to slash the size of its struggling offshore wind business, a move that could cut 900 jobs around the world.