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 Cuts 6% Of Workforce
CNN announced on Thursday that it is cutting about 6% of its total staff, or about 210 employees. CNN CEO Mark Thompson announced the job cuts in a memo to staff on Thursday. In the memo, Thompson noted CNN doesn't expect total headcount to fall "much" this year because the company plans to invest $70 million in new digital plans.
CNN to lay off hundreds of employees
Both CNN and NBC News are planning layoffs this week as newsrooms transition away from linear TV toward digital audiences.
CNN boss Mark Thompson on Thursday revealed sweeping changes at the embattled network that include 200 job cuts and a pivot ...
CNN and MSNBC experienced sizable viewership losses in the post-election period, according to a review of Nielsen ratings, ...
Of the cable news audience, Fox raked in a whopping 72% of all Democrats tuned in, 78% of all Independents, and 88% of all ...
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