Scammers are targeting clients looking to get their hair braided by using real stylists’ work and creating fake social media pages.
Reports of Scams
The Better Business Bureau (BBB) is receiving reports of scams targeting individuals wanting braids. Scammers take pictures from legitimate stylists and post them on fake social media pages.
Modus Operandi
Potential clients find the fake pages and book appointments, often making small deposits. Clients realize they have been scammed when they do not hear back from the supposed stylist on the appointment day.
Impact on Legitimate Businesses
Real stylists like Porsche Hensley, who has been braiding hair for over 10 years and owns Divine Innovation 615 in Nashville, are affected. Hensley reported instances where clients arrived for appointments, only to find out they were scammed.
Precautions to Avoid Scams
BBB advises not to pay for the service in full before the appointment. Visit the stylist’s location before booking. Verify the stylist’s work by searching for them online and including the word “scam” after their name. Ask for the stylist’s license number and verify it.
Continuing the Business
Despite the scams, stylists like Porsche Hensley remain undeterred and continue their work.
Conclusion
Scammers exploiting the popularity of hair braiding are causing issues for both clients and legitimate stylists. Clients are advised to take precautions to ensure they are booking authentic services.
Universal Music Group Announces Significant Layoffs
Universal Music Group Braces for Major Employee Reductions
Confirmation of Layoffs at Universal Music Group
Universal Music Group (UMG) has officially announced an upcoming reduction in its workforce, with a significant number of employees expected to be affected. The company’s recorded music division is reportedly facing the largest impact.
Layoffs Discussed in Earnings Call
UMG Chairman Lucian Grainge hinted at the potential layoffs during the company’s October earnings call. Recent reports from Bloomberg have d light on the scale of the layoffs, suggesting that the numbers could be in the hundreds.
Universal’s Strategic Shift
A representative from Universal commented on the move, emphasizing the company’s focus on areas of growth such as e-commerce, geographic expansion, and new technologies. This shift aims to streamline operations while continuing to invest in artist development.
Industry-Wide Changes
The music industry has seen a stabilization in growth since the boom in streaming services and the pandemic’s influence on media consumption. Universal’s strategy reflects a broader industry trend of adjusting to these market changes.
Other Majors Also Facing Reductions
Universal is not alone in this trend. Warner Music Group and Sony Music, two other major players in the industry, have also experienced or are anticipating similar workforce reductions.
This article is based on information reported by Variety.
