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Turner to cut 1475 job worldwide

2014-10-07 16:49:00| Telecompaper Headlines

(Telecompaper) Turner Broadcasting is planning to cut 1,475 jobs worldwide, reducing its workforce by around 10 percent in the coming weeks through layoffs, buyouts and other measures, the Atlanta Journal-Constitution reported. Atlanta-based Turner, which is owned by Time Warner, said 975 of the job reductions will be in metro Atlanta. In addition to TNT, Turner's holdings include CNN, TBS, Cartoon Network, truTV, HLN and other networks and online sites. The company said fewer than 300 of the job cuts will be at CNN Worldwide. The company said the cuts are being made to reduce redundancies, focus resources and prioritise investment in programming, monetisation and innovation. "It's our responsibility as business leaders to focus Turner's talent pool where individuals and groups will deliver the greatest return for the company, for Time Warner and for our shareholders," Chief Executive Officer John Martin said in an internal memo to employees, obtained by The Atlanta Journal-Constitution.

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Amherst Survival Center holding first job fair Wednesday at Center

2014-10-07 12:33:16| Air Courier - Topix.net

The Amherst Survival Center in collaboration with the Northampton-based Franklin Hampshire Career Center is offering its first-ever job fair Wednesday from 1 to 3 p.m. at the center, 138 Sunderland Road. About 10 employers including C & S, Comprehensive Home Care, Best Buy, Combined Insurance Net and United Parcel Service will be participating, according to a press release.

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Vodafone denies big job cuts planned

2014-10-07 03:30:20| Telecom - Topix.net

Vodafone NZ says it is not planning major job cuts after internal speculation that the telecommunications giant was looking at a significant management reduction. "We do not have a specific initiative to cut management roles, however we are reducing a significant number of contractors and not recruiting for current vacancies," Baguley said.

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Names floated for Fairfax top job

2014-10-06 16:59:35| Grocery - Topix.net

Fairfax Media directors James Millar and Peter Young have emerged as potential internal replacements for long-time chairman Roger Corbett. The speculation about a likely successor comes as rumours increase about a potential float of the media company's real estate classified business Domain.

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Sprint launches month-long series of job cuts following completion of network upgrades

2014-10-05 04:07:46| Wireless - Topix.net

The nation's third largest wireless provider recently kicked off a series of layoffs that are expected to continue through the month of October. In an SEC filing on the matter, Sprint described the job cuts as part of a workforce reduction plan designed to reduce costs and help the company become more competitive in the wireless industry.

Tags: network series job completion

 

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