A group of CNN veterans — among them camera operators and fact-checkers — have opted to take voluntary buyouts as part of an offer spurred by Skydance‘s acquisition of Warner Bros. Discovery, according to four people familiar with the matter.
\n\nThe deadline for these employees to accept the buyout came Sunday, according to these people. Skydance and CNN declined to make executives available for comment.
\n\nSkydance offered voluntary buyouts across the company once it completed its months-long quest to purchase Warner. The company has $80 billion in debt and has pledged to find $6 billion in operational savings over the course of three years. The buyout offer varies according to the business unit in which it is offered, one of these people said. At CNN, according to two of these people, buyouts were offered to people who were in vice president roles or levels below and had more than 15 years of service.
\n\nCBS News staffers are also mulling buyout offers, according to three people with knowledge of the matter, but some of their acceptance deadlines are staggered.
\n\nThe number of people accepting buyouts at CNN isn’t believed to be excessive, but there are some staffing units where more people…
Original source: https://variety.com/v/tv/
