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CBS is making buyout offers to employees, Variety has learned, a process that began last week.
The offers are being made to those whose age and years of experience total 80 or more years, which would translate to senior-level staff, many of whom have been with the company through the Leslie Moonves era.
Buyout - Offers - Divisions - Source - Variety
It is not yet clear how many buyout offers are being made, or which divisions might be most impacted. A source told Variety that the offers are voluntary, and that no employees are being forced to accept. A CBS spokesperson declined to comment.
CBS is the most recent major media company to make such a move. This follows last week’s news that HBO had begun offering...
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