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HBO to move some jobs to Atlanta

Turner Broadcasting System Atlanta-based Turner Broadcasting System, one of the area’s most prominent employers and the parent to cable giants CNN and TNT, said in October it will eliminate 1,475 jobs worldwide in a restructuring that will be particularly hard on its hometown. Atlanta is taking the brunt of the cuts: 975 jobs. The nearly 1,500-job reduction included 600 buyout offers the company made earlier in 2014. Turner had long hinted job cuts and major changes at its networks were coming and that threat grew when Rupert Murdoch and 21st Century Fox made a bid to buy Turner’s parent company, Time Warner. What’s next: Time Warner and Turner are working to grow shareholder value and keep Murdoch at bay. The job cuts, and changes in programming and other corporate measures, are designed to boost profitability.

With the impending shut down of HBO's broadcast operations facility on Long Island, N.Y., the network has announced that it will move some jobs to Atlanta. Read more here.

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