cnnAn individual with knowledge of the network’s plans tell TheWrap a large portion are expected at the two cable channels Some 550 buyouts are to be offered at Time Warner’s Turner network this week, including a large number of those at CNN and HLN, which will lead to layoffs if they are not taken voluntarily, according to an individual with knowledge of the network’s plans. The buyouts will come across the Turner division, with a couple of hundred expected at CNN and HLN, the individual said. A CNN spokeswoman had no immediate comment. News of the buyouts comes shortly after Turner Broadcasting System CEO John Martin revealed in an internal memo Tuesday that corporate restructuring was coming in the next two months. “Division leaders now are reviewing the working groups’ reports on their respective areas of oversight,” Martin wrote. “Over the coming weeks, they will work with me to finalize the organizational changes we will implement.” More