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CNN is also shaking up the program schedule of its cable channel. Longtime anchor Wolf Blitzer is moving out of his 6 p.m. Eastern time slot and displacing "CNN Newsroom" with Jim Acosta.
The layoffs to the television production side of the network also come as CNN is currently suffering through slumping ratings, especially since Trump’s presidential election victory in November.
CNN is laying off around 6% of its workforce, the company announced Thursday morning, as it institutes sweeping new changes to the 45-year-old news network, including a new weekday show lineup and ...
The layoffs are concentrated in CNN's TV business, where ratings have tumbled as consumers cut off cable and seek other news sources. They will eventually be offset by new hires in digital, where Warner Bros. Discovery is making a $70 million investment, CNN said.
CNN announced a restructuring Thursday that includes some 200 layoffs, an accelerated pivot to digital operations and new TV roles for personalities like Wolf Blitzer, Jake Tapper and Audie Cornish.
CNN has informed employees that layoffs are underway as parent company Warner Bros. Discovery looks to slash $3 billion worth of costs over the next two years.
CNN will cut 6% of its current workforce as part of CEO Mark Thompson’s continuing efforts to build up the Warner Bros. Discovery outlet’s digital and broadband acumen as the audience flocking ...
Ahead of Thursday’s announcement, which will see anchors Wolf Blitzer and Pamela Brown replace Acosta in the 10 a.m. ET slot, CNN chief executive Mark Thompson called Acosta last week to offer ...