Anyone know how many of us were cut this time? I know it is the hundreds, but they are being very secretive, as usual.
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Posted Friday; Offering buyouts at Warner after restructuring and head count restructuring///////
AT&T Inc.’s WarnerMedia took steps to reduce head count at its Turner unit, which was essentially dissolved as a result of a wide-ranging restructuring announced earlier this month.
The company is offering buyouts to U.S. Turner employees who are at least 55 years old and would have 10 or more years of service by year-end, according to a memo sent to employees Wednesday that was reviewed by The Wall Street Journal.
The buyouts at Turner were widely expected as AT&T T, +1.13% started to fundamentally reshape the entertainment empire it acquired for more than $80 billion after clearing the last antitrust hurdle late last month. Eligible employees will get four weeks’ pay for every year of service, according to a person familiar with the matter. The payouts are capped at two years.
As in managers? Or techs?
None in my group. We survived again which was cause for celebration: Another collaboration meeting with chicken fried, extra gravy, and some fresh French toast. All charged to the p-card since it was business related.
YOLO!!!!
Is it in the WARN notice?
15% of a group of 40, compounded with another 15% that was just went off payroll from January announcements.
Out of my group, 7 out of 18. It’s in the hundreds.
Out of my group of 12, 3 were cut and was informed more cuts in 3 months. It sounds like they already have the names but are staggering it.