Turner International announces job losses in Australia
Turner International has announced that jobs are to be lost in Australia, following the recent news that 240 positions across the Asia Pacific region are to go.
The job losses are part of a regional restructuring
The company owns TV broadcasting outlets the Cartoon Network and Turner Classic Movies on pay TV.
The Drum understands that the company’s interactive, research and legal posts are to be relocated to Hong Kong and Singapore.
30 percent of the company’s posts in the regions are scheduled to go, the company announced last month.
"This total comprises open headcount, positions that became vacant and are not being reoccupied, redundancies and outsourcing," the company statement said. The firm currently employs a staff of 16 in Australia.
Turner said it was working towards a “new, leaner central structure”, which it said would result in “more efficiency, less bureaucracy and greater empowerment for local management in the company’s three regions of South Asia, South East Asia Pacific and North Asia."