Anxious employees at CNN, including those in DC, have been bracing for the worst amid hints of massive layoffs slated for the outlet. Today, Turner sent out an email to staff across all of its brands offering a Voluntary Separation Program to employees 55 and over who have worked for Turner for 10+ years.
Capital New York reported last week that Turner CEO John Martin explained his “Turner 2020″ plan in a memo, saying, “A core team of our colleagues has looked at the purpose, structure and fit of literally every department in the company—more than 700 in all…Division leaders now are reviewing the working groups’ reports on their respective areas of oversight. Over the coming weeks, they will work with me to finalize the organizational changes we will implement.”
Today’s memo, sent by Turner’s chief human resources officer, confirms measures beyond the voluntary buyouts are to be expected.
See the full memo after the jump.