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CNN hit with significant layoffs
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 to a more digital-centric strategy, the company said. The layoffs at the Warner Bros Discovery-owned network will amount to 6% of CNN’s workforce – mainly producers, editors and other non-air talent vital to the TV operation.
CNN hit with significant layoffs as network sets a plan for a digital future
CNN is cutting 6% of its workforce as the news organization tries to reinvent itself for TV’s digital future. Facing an exodus of viewers and a systemic decline in pay TV subscriptions, the Warner Bros. Discovery-owned news channel said Thursday it will cut 200 employees from the TV side of the business while investing in the digital operation.
CNN lay offs about 200 employees as part of shift to digital model
The company plans to create a new digital streaming product, chief executive Mark Thompson said. CNN, already beset by historically low television ratings, is laying off six percent of its staff, roughly 200 people,
23h
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
on MSN
CNN plans to lay off hundreds of employees, cut costs; NBC plots firings
The job cuts come as CNN looks to rearrange its linear TV lineup and building out digital subscription products.
Hosted on MSN
22h
CNN, NBC News planning post-inauguration layoffs
CNN and NBC News are readying plans for pink slips, which could begin flying in newsrooms as soon as Thursday. This article, ...
20h
on MSN
CNN braces for massive Thursday layoffs: report
CNN is expected to lay off hundreds of its roughly 3,500 employees on Thursday, though the network isn’t confirming those ...
9h
CNN, NBC News planning layoffs this week, CNBC reports
CNN, a unit of Warner Bros. Discovery (WBD), is planning to lay off hundreds of employees this week amid a refocus around a global digital ...
19h
Report: CNN Will Lay Off ‘Hundreds’ In Post-Election Cost-Cutting
The cuts will likely hit production teams based in New York and Washington, but not the network's star anchors.
9h
CNN, NBC to layoff several employees in post-election restructuring: Report
American news networks CNN and NBC plan to lay off employees, CNBC reports, citing people familiar with the matter. CNN plans ...
23h
CNN and NBC News to lay off employees, CNBC reports
CNN, a unit of Warner Bros Discovery , plans to lay off hundreds of employees on Thursday, as it refocuses the business ...
4h
on MSN
CNN lays off hundreds of employees and replaces Jim Acosta as it restructures network amid falling ratings
The layoffs have been expected for month and it was previously reported that Jim Acosta had been asked to move to the midnight shift.
21h
on MSN
Massive Layoffs Hit CNN And NBC In Wake Of Trump's Presidency: What We Know
CNN and NBC became the first major news houses to make personnel changes after Donald Trump ascended to the presidency for ...
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