Fake news can have consequences.
Via Fox News:
Over 100 CNN employees have already decided to accept a voluntary buyout option, with CNN International executive vice president Tony Maddow among the staffers departing the ratings-challenged network after 21 years at the company.
CNN confirmed the buyouts after rumors began circulating that there would be mass layoffs at the network.
“There are no mass layoffs at CNN. I have no idea where that crazy rumor came from. We have recently offered a voluntary buyout option for employees, and just over 100 people voluntarily decided to take it. That’s it,” executive vice president Allison Gollust told Fox News. “We have nearly 4,000 people at CNN… and around 100 of them exercised the option for a program that was offered. That’s it. Those are the facts.”
Cable news watchdog Scott Jones – who first broke the news of Maddox departing CNN on Monday – reported that CNN executives are looking to trim roughly 300 jobs and layoffs are expected if more employees don’t accept the voluntary buyout. Bureau chiefs and award winners are among the staffers accepting the buyout offer, according to TVNewser.