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 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 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 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 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."
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