Turner Broadcasting to cut workforce by 10%

Turner Broadcasting, which includes multiple networks including CNN and Headline News, are expecting major job cuts through both buyouts and layoffs - EPA

NEW YORK: Turner Broadcasting, which operates cable news network CNN, TNT and the Cartoon Network, said on Monday it will slash its workforce by 10%, or 1,475 positions.

The reduction includes previously announced buyouts targeting 500 to 600 workers. Turner has about 14,000 full-time employees worldwide.