Music group EMI today said it was cutting 1,800 jobs as part of a restructuring of its troubled recorded music division.
EMI said the majority of the positions will already have been gone by the end of this month. The remainder are set to go by September.
EMI has an Irish workforce of 16, involved in sales, promotion and finance. It is not yet known how today's announcement will affect these jobs.
The division, which has more than 1,500 artists including Robbie Williams and Kylie Minogue, has issued two profits warnings in the last six months.
EMI chairman Eric Nicoli said the plans to reshape EMI's recorded music division would put the London-based group back on a growth track.
The company, which employs around 10,000 staff in the division, has not given details about where the jobs will go, but a spokesman said the redundancies would be across its operations in 50 countries.
EMI anticipates the changes will generate savings of £98.5 million sterling a year, although the redundancies will also create a £110 million exceptional charge in this year's financial figures.
The company also said it would take a charge of £92 million from writing down the value of loss-making investments. That is on top of the £38 million hit that EMI has already said it would take in relation to the termination of singer Mariah Carey's contract.
