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Paradigm's Coronavirus Layoffs Panned by Music Industry: 'This Is Really Just Greed'

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www.billboard.com

As details of Paradigm's temporary layoffs of agents, assistants and float staff on Friday have dripped out, anger over the cuts' timing -- just one week into the widespread coronavirus quarantine -- and the terms some agents were forced to accept is heating up."In times like these you find out who has loyalty," said Jarred Arfa, Artist Group International GM. "What's the point of being in a company if you don't have job security in times of crisis?"Paradigm is home to superstar artists including Shawn Mendes, Ed Sheeran, Billie Eilish and Coldplay and has spent significant money on acquisitions in recent years.

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