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CNN Is Announcing Layoffs
CNN is announcing layoffs as part of a further shift to digital business
The layoffs are concentrated in CNN’s TV business, where ratings have tumbled as consumers cut off cable and seek other news sources.
CNN announces layoffs as it revamps its schedule and digital strategy
Warner Bros. Discovery Inc.’s CNN division let go 6% of its workforce on Thursday as the cable news network focuses on streaming and digital audiences.
CNN lays off 6% of jobs amid plan to reach $1 billion in digital revenue
CNN announced it's laying off about 6% of its workforce as it takes the next step in a restructuring plan aimed at producing $1 billion in digital revenue by 2030.
CNN hit with 6% staff cut
CNN cuts 6% of workforce as layoffs hit struggling network
Layoffs hit CNN on Thursday when roughly 6% of its workforce was let go because of "irreversible shifts in the way audiences in America and around the world consume news."
CNN Cuts 6% Of Workforce
CNN announced on Thursday that it is cutting about 6% of its total staff, or about 210 employees. CNN CEO Mark Thompson announced the job cuts in a memo to staff on Thursday. In the memo, Thompson noted CNN doesn't expect total headcount to fall "much" this year because the company plans to invest $70 million in new digital plans.
CNN hit with 6% staff cut as network sets a plan for a digital future
Cable cord-cutting and a decline in revenue led to a significant workforce reduction at the Warner Bros. Discovery unit while new employees are hired for digital efforts.
7h
CNN confirms expected layoffs, weekday lineup changes
CNN on Thursday confirmed reports that it would be cutting hundreds of jobs. The network also plans to move Wolf Blitzer into ...
1d
on MSN
CNN announces about 200 layoffs as it attempts to modernize business
Both CNN and NBC News are planning layoffs this week as newsrooms transition away from linear TV toward digital audiences.
22h
Mark Thompson Says New CNN Streaming Service Is in the Works as Channel Sets Major Restructuring
About 6 percent of jobs, or about 200 people will be cut but the company is actively recruiting for hundreds of new roles, ...
1d
CNN boss Mark Thompson confirms 200 layoffs across cable TV network in digital push
CNN boss Mark Thompson on Thursday revealed sweeping changes at the embattled network that include 200 job cuts and a pivot ...
1d
on MSN
CNN Layoffs to Impact Hundreds of Staffers as Soon as Thursday | Report
CNN is expected to announce a significant reduction in staff as early as Thursday according to reports by CNBC.
1d
Sure, seems like a great time for CNN to have mass layoffs
The news was reported by CNBC, which says “hundreds” of CNN layoffs are about to come rolling out some time on Thursday, as ...
5h
CNN's dire prognosis revealed by veteran reporter as network announces mass layoffs
'It’s because companies like CNN abandoned most every tenet of journalism to their own prejudices,' one user wrote in ...
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7h
The Flurry at CNN
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