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CNN hit with 6% staff cut
CNN is cutting hundreds of TV jobs in a digital pivot. Read the memo CEO Mark Thompson sent to staff.
CEO Mark Thompson told staff the moves aimed to better serve audiences and "secure CNN's future as one of the world's greatest news organizations."
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 Will Cut 6% of Current Staff in Digital Pivot; New Products, TV Lineup in Works
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 to its flagship cable network continues to wane. Many of his plans, telegraphed in a series of memos over recent months, have been expected.
CNN Cuts About 200 Jobs
CNN Job Cuts Are A Painful Reminder Of Where TV News Is Heading
After months of speculation, CNN cut 6% of its TV news staff, while continuing to add talent focused on digital products. Expect more shifts like this for TV news.
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 plans to lay off hundreds of employees, cut costs
CNN is announcing layoffs as part of a further shift to digital business
The layoffs are concentrated in CNN’s TV business, where ratings have tumbled as consumers cut off cable and seek other news sources.
CNN to Lay off Hundreds of Employees, CNBC Reports
CNN, a unit of Warner Bros Discovery, plans to lay off hundreds of employees this week, as it refocuses the business around a global digital audience, CNBC reported on Wednesday, citing people familiar with the matter.
CNN plans to lay off hundreds of employees, cut costs as NBC plots firings
CNN, a unit of Warner Bros Discovery, plans to lay off hundreds of employees on Thursday, as it refocuses the business around a global digital audience, CNBC reported Wednesday, citing people familiar with the matter.
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