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 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 lays off 6% of its workforce as CEO Mark Thompson announces $70 million digital transformation
CNN is laying off 6% of its workforce, or roughly 200 staffers, as the cable network aims to transform its newsroom into a digital-first operation.
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 lay offs about 200 employees as part of shift to digital model
CNN, already beset by historically low television ratings, is laying off six 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 hit with significant layoffs 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 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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