CBS Offers Voluntary Buyouts to Veteran Employees

By Christine Zosche 

CBS is making buyout offers to employees, 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. (Variety)

The projected number of buyouts is difficult to forecast, a source said. The move is similar to buyouts disclosed late Friday by WarnerMedia’s HBO, which extended them to workers 55 and older with at least 10 years of experience. (Deadline)

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