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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 hit with 6% staff cut ...
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 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 ...
Cable news giant CNN is cutting about 200 television-focused roles as part of a digital pivot. The cuts will amount to about 6% of the company's workforce. In a memo sent to staff on January 23 ...
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 ...
Puck News reported in November that "hundreds" of CNN employees are expected to be affected by layoffs in the coming months as Thompson aims to implement prioritization into digital. Thompson, who ...
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.According to an internal memo ...
The layoffs affected hundreds of staffers but amounted to a "single-digit percentage" of staff, CNBC reports. CNN had about 4,400 employees. That would mean it downsized no more than about 400 ...