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 lay offs about 200 employees as part of shift to digital model
CNN, already beset by historically low television ratings, is laying off six percent of its staff, roughly 200 people, chief executive Mark Thompson announced in a memo to employees Thursday morning. The cuts, which will affect CNN employees around the world, will be completed by the end of the week.
CNN to Lay off Hundreds of Employees, CNBC Reports
CNN, a unit of Warner Bros Discovery, plans to lay off hundreds of employees this week, as it refocuses the business around a global digital audience, CNBC reported on Wednesday, citing people familiar with the matter.
CNN to lay off hundreds as TV group faces ‘profound’ shift in news habits
CNN has revealed plans to lay off hundreds of employees as the struggling television network’s chief executive warned of “profound and irreversible shifts” in the way audiences engage with news. In a memo to staff on Thursday,
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 Cuts Jobs, Prepares New Streaming Rollout
The cable news network is laying off roughly 200 employees, or about 6% of its workforce, part of a shift CEO Mark Thompson says will help CNN’s digital transition, he wrote in a note to staff Thursday.
CNN is cutting hundreds of TV jobs amid digital pivot
CNN also plans to introduce a TV-style v ersion of CNN accessible on any device both in the US and elsewhere. The moves come about three months after CNN brought in a paywall, cha
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