The Major labels are going headless. As market share drops, more upper level corporate heads keep rolling.

A few weeks ago “The Ten Million Dollar Man,” Clive Davis got put out to pasture on the Sony/BMG ranch. Now, it’s Lee Trink at Capital/Virgin Records, who’s resigning.

Next it’s going to be his boss, Jason Flom.

In today’s record landscape, if your current market share is shrinking, it’s either lose the big salaries, or close the office. There is no more salaried employees to lay off.

Yo, Guy Hands, what’s next? Selling EMI’s recorded music catalogue if Coldplay’s CD stiffs?