Turner to cut 30 per cent of staff in Europe - Licensing.biz

Turner to cut 30 per cent of staff in Europe

Around 250 jobs likely to be lost in restructuring move.
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Turner International is to cut 30 per cent of its staff across Europe, the Middle East and Africa as part of a major restructure.

The changes follow a review across the EMEA region, which was announced in September 2012 and was led by Gerhard Zeiler, president of Turner Broadcasting Systems International.

It is likely that the organisational changes will lead to the loss of around 250 jobs.

More operating control will be given to Turner's regional offices, reducing its central functions, while the firm is also expected to outsource a number of roles.

In a statement, Zeiler said: "This review required us taking some tough decisions, but they are absolutely necessary to put Turner International in the best possible position for future growth.

"Greater empowerment and broader accountability for local management will lead to simplified processes throughout the organisation, improved efficiency and reduced costs."

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