WarnerMedia won’t say if layoffs are coming to Atlanta
“While we continue to transform our organization, one of our stated goals was to find efficiencies in how our companies work together to ensure we can focus our investments and optimize our resources. WarnerMedia has a large employee base in Atlanta, and we invest millions to keep and attract talented employees here,” reads a document released to employees Monday, June 29, 2020.
CNN, like other broadcasters, is facing uncertain times in wake of the coronavirus pandemic and recession.
CNN parent WarnerMedia was created after AT&T bought Time Warner.
Like with most deals, AT&T touted cost savings as a potential advantage of the sale.