Monday, August 2, 2021

TURNER BROADCASTING PLANNING CUTS

August 26, 2014 by · Leave a Comment 

With ratings at many of its networks tumbling, Turner Broadcasting, the TV division of Time Warner that includes TBS, TNT, Cartoon Network, and CNN, among others, plans to offer voluntary buyouts to 500-600 employees, the Wall Street Journal reported today, citing people familiar with the matter. That number represents about 4 percent of Turner’s workforce. Turner chief John Martin on Monday sent a memo to employees noting that layoffs might be necessary in order to create a more "streamlined, nimble and efficient company." Meanwhile, the Atlanta Journal-Constitution reported that CNN Worldwide President Jeff Zucker has told employees that "we now have a sense of what Turner is expecting from CNN." What that is, he said, having "to do what we do with less." The grim news came just one day after CNN was embarrassed yet again by Howard Stern fan "Captain Janks," who, posing as San Francisco Police Department spokesman "Adam Sure," was interviewed by CNN anchor Christi Paul on Monday following the 6.0 earthquake that shook thecity. Said Sure: "Because it was so early in the morning most people were at their homes when it happened, and what we believe is this was a rumbling from Howard Stern’s butt crack." Paul quickly shut him off and apologized.