Arista Axes 18 Employees

Arista Records has laid off 18 workers, reducing its work force to 157 employees.
"It's our responsibility to continue to plan for the future," said Arista president/CEO Antonio "L.A." Reid in a statement. "In the course of our normal business review, we saw there were still areas in which we could run more efficiently and effectively. Therefore, we took the necessary but difficult steps of reducing our staff."