SVP and GM of Digital is part of ongoing network restructuring
Earlier in the investor presentation, Time Warner CEO Jeff Bewkes vowed to double earnings
Time Warner company, which carries the cable networks under its umbrella, will let 1,475 employees go over the next two weeks
More than 1,400 people will be let go over the next two weeks
In letter to employees, company also warns of "additional reductions in staffing"
An individual with knowledge of the network's plans tell TheWrap a large portion are expected at the two cable channels
Internal memo to company staffers promises "more streamlined, nimble and efficient company" heading into 2015