WarnerMedia leadership told staffers Monday that the CNN Center in Atlanta will be sold, downplaying questions about whether the move signals impending layoffs.
Answering questions on an internal FAQ-style information sheet, WarnerMedia leadership explained why the iconic location in Georgia is being sold, but maintained that WarnerMedia will not be leaving Atlanta altogether: "Our strategy is to consolidate our teams in state-of-the-art hubs to maximize collaboration. This is a strategy we are also implementing at our other primary business locations, most recently at Hudson Yards in New York City and our Ivy Station project [in Culver City, California], currently in development. We believe this creates a more collaborative working environment for our employees."
"During the pandemic, we have learned a lot about working remotely and we will be looking at space solutions that are more agile for the appropriate teams," the internal document went on. "Over time, some employees moving from CNN Center will be relocated to our Techwood campus in Midtown Atlanta or our building on Williams Street, near Techwood.