"Job cuts linked to the merger and outside of normal activities will be limited and focused mainly on the headquarters, particularly in the United States."
——Vivendi Universal chief Jean-Marie Messier

VIVENDI UNIVERSAL EXPECTED
TO TRIM U.S. STAFF

Workers Urged to Take Advantage of Free French Bread And Perrier While They Can

Vivendi Universal is gearing up to slim down its staff, with the bulk of layoffs expected to hit the company's U.S. divisions.

According to the Financial Times, Vivendi Universal chief Jean-Marie Messier aims to cut costs by $385 million in 2002.

In a response to Reuters, Messier said: "Job cuts linked to the merger and outside of normal activities will be limited and focused mainly on the headquarters, particularly in the United States."

While it's not known how many of the company's 71,000 employees would be given pink slips, industry watchers predict the layoffs will target staffing redundancies. Most likely to see cuts is the film unit, due to duplications between Universal Pictures and Vivendi's Canal Plus film branch. Vivendi's lack of its own music division could spare Universal Music Group's staff, which was already pared down from its merger with PolyGram Music.

Vivendi Universal is expected to release more details when it announces its financial results in early March.

HITS LIST:
HOME RUN DERBY
Going yard (7/11a)
NEAR TRUTHS: A TOUR OF THE LANDSCAPE
I.B. will be your guide. (7/15a)
GRAMMY PRE-CHEW:
THREE QUESTIONS ABOUT THE BIG 4
On your Marks, get set, go. (7/8a)
ON THE COVER:
CHAPPELL ROAN
Half of Island's one-two punch (7/15a)
AUSTIN NEAL STICKS THE LANDING
These two are tight. (7/15a)
THE GRAMMY SHORT LIST
Who's already a lock?
COUNTRY'S NEWEST DISRUPTOR
Three chords and some truth you may not be ready for.
AI IS ALREADY EATING YOUR LUNCH
The kids can tell the difference... for now.
INDIE DISTRIBUTION'S RISE TO GLORY
The discovery engine is revving higher.
 Email

 First Name

 Last Name

 Company

 Country
CAPTCHA code
Captcha: (type the characters above)