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 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 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.
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 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 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 to cut 200 jobs amid restructuring, new digital investments
CNN CEO Mark Thompson on Thursday announced sweeping cuts impacting around 6% of the company's workforce. The news came alongside several new developments, including a cross-device streaming strategy,
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