CNN laying off about 200 employees as part of shift to digital model
CNN, already beset by historically low television ratings, is laying off 6 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 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 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 Cuts Jobs, Prepares New Streaming Rollout
CNN is laying off roughly 200 employees, or about 6% of its workforce, part of a plan Chief Executive Mark Thompson says will shift the cable TV brand’s emphasis toward digital growth and prepare it to launch a streaming service.
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 announces layoffs as it revamps its schedule and digital strategy
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 digital strategy.
CNN Restructures with Layoffs and Bold Digital Shift
CNN announced 200 layoffs as part of a major restructuring focused on accelerating its digital business transformation. CEO Mark Thompson, in his boldest move since joining 18 months ago, aims to steer CNN towards digital-first platforms.
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