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CNN cuts 6% of workforce
CNN hit with significant layoffs 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 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 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 To Launch New Streaming Service
Mark Thompson Says New CNN Streaming Service Is in the Works as Channel Sets Major Restructuring
CNN CEO Mark Thompson announced the restructuring Thursday morning. CNN on Thursday announced major layoffs and a new strategic plan, in a post-election maneuver meant to help transform the cable channel during a challenging time for the media business.
CNN to Slash 200 Jobs, Launch New Streaming Service in Post-Election Restructuring
CNN announced Thursday morning that the network will be cutting about 200 staffers, roughly 6% of jobs, as they pivot towards digital post-election. This restructuring will also include a new streaming service,
CNN to cut 200 jobs amid restructuring, new digital investments
CNN CEO Mark Thompson on Thursday announced sweeping cuts impacting around 6% of the company's workforce. The news came alongside several new developments, including a cross-device streaming strategy,
Business Insider
1h
The list of major companies laying off staff in the new year, including CNN, Meta, Microsoft, and BP
to secure
CNN
's future as one of the world's greatest news organizations." Starbucks is planning
layoffs
in March. Global ...
16h
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 ...
18h
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.
12h
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 ...
19h
on MSN
CNN Expected to Unveil Significant Layoffs
CNN is expected to unveil significant staffing cuts as soon as Thursday, according to three people familiar with the matter, ...
1h
CNN Cuts Jobs, Prepares New Streaming Rollout
CNN is laying off roughly 200 employees, or about 6% of its workforce, as part of the cable network’s shift toward digital ...
5h
CNN Plots Major Overhaul as It Enters a New Trump Era
Mark Thompson has promised to reinvent CNN since he arrived in 2023. Now, he is remaking the network’s TV lineup and its work force.
20h
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.
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