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 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 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 announces 6% workforce layoffs in sweeping changes
CNN, headquartered in Atlanta, is laying off 6% of its workforce as part of a push toward digital growth. Changes include a revamped lineup and new streaming service
CNN laying off about 200 employees as part of shift to digital model
The company plans to create a new digital streaming product, chief executive Mark Thompson said. CNN, already beset by historically low television ratings, is laying off six percent of its staff, roughly 200 people,
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 About 200 Jobs As Part Of A Further Shift To Digital Business
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. It’s the boldest revamp yet in the 18-month tenure of CEO Mark Thompson,
CNN hit with 6% staff cut 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 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 to cut 6% of workforce as part of digital push, Reuters reports
CNN will cut about 6% of its workforce amid a refocus around a more digital-centric strategy, Reuters reports.
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 ...
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CNN Layoffs: Media Firm To Cut 200 Jobs And Invest $70 Million In Digital Strategy Overhaul, Says Report
CNN is reportedly planning to eliminate hundreds of jobs as the network’s CEO warned of significant and irreversible shifts ...