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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 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.
CNN to cut jobs by 6% amid digital push
Warner Bros Discovery-owned CNN will lay off about 6% of its workforce as the TV news outlet continues to shift its focus toward a more digital-centric strategy, according to an internal memo seen by Reuters on Thursday.
CNN Is Announcing Layoffs
CNN is announcing layoffs as part of a further shift to digital business
CNN is expected to lay off about 200 of its employees, or 6% of its workforce, in part of a shift toward a more digital-oriented future.
CNN Restructures with Layoffs and Bold Digital Shift
CNN announced 200 layoffs as part of a major restructuring focused on accelerating its digital business transformation. CEO Mark Thompson, in his boldest move since joining 18 months ago, aims to steer CNN towards digital-first platforms.
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.
22h
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 ...
15h
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
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 ...
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.
ABP Live on MSN
3h
CNN Layoffs: Media Firm To Cut 200 Jobs And Invest $70 Million In Digital Strategy Overhaul, Says Report
Despite the job cuts, Thompson stressed that the overall workforce would remain stable, as the company is investing $70 mn ...
17h
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 plans massive layoffs during first week of Trump’s presidency: Report
Last week, CNN settled a defamation lawsuit with security contractor Zachary Young after a Florida jury found that the ...
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