Merger fallout: AT&T offering Turner employees generous voluntary buyouts
By Rodney Ho; The Atlanta Journal-Constitution ~ Mar 27, 2019
And so the cutting begins.
With AT&T finally merging with Time Warner finally in the can, the company is first offering generous voluntary buyouts to older employees at Turner to help trim staff and save money.
According to the Wall Street Journal, which received a memo sent to employees Wednesday, anyone who has worked at Turner for at least 10 years and has hit the magic age of 55 can receive up to four weeks pay for each year of employment, maxing out at two years worth of salary.
