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News
Central Park Media Statement

posted on by Christopher Macdonald
Musicland's bankruptcy cited, no mention of M bankruptcy

Central Park Media has sent out an official statement regarding the recent lay-offs at the company. There is no mention whether, when, or how M will enter bankruptcy.

As our business has been significantly impacted by Musicland's bankruptcy filing, we are facing tightening sales conditions and are currently focusing on a cost cutting program which will structure the company for future growth without our largest customer. A number of very talented and dedicated employees have unfortunately lost their jobs through no fault of their own.

M will be happy to assist these fine staff find employment opportunities, so any company seeking experienced and professional employees are requested to email M at [email protected] for further details.

This article has a follow-up: M Lays off Staff, Prepares for Bankruptcy
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