The layoffs are concentrated in CNN's TV business, where ratings have tumbled as consumers cut off cable and seek other news sources.
CNN is laying off 200 people, all within its traditional TV department, and adding roughly the same number of roles supporting its digital products, the company's CEO announced to staff in a memo.
The new lineup was unveiled just hours after CNN CEO Mark Thompson outlined job cuts and a digital-first strategy for the venerable cable news channel.
With stars like Jake Tapper and Anderson Cooper still entrenched, the struggling network's latest programming shake-up likely will not provide the boost it needs The post CNN’s Lineup Changes: The ...
CNN shuffled its lineup and removed Jim Acosta from his morning show, but the changes are unlikely to significantly boost ratings.
CNN is cutting hundreds of TV jobs in a digital pivot. Read the memo CEO Mark Thompson sent to staff. I’m a Financial Expert: Here Are the 5 Worst Things Retirees Spend Their Savings On ...
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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CNN is laying off roughly 200 employees, or about 6% of its workforce, as part of the cable network’s shift toward digital ...
About 6 percent of jobs, or about 200 people will be cut but the company is actively recruiting for hundreds of new roles, ...
CNN jumped on the streaming bandwagon in 2022 with the launch of CNN Plus, a short-lived service that shut down after just one month. Thompson doesn’t say whether the new service will mirror the ...