CNN lays off 6% of jobs amid plan to reach $1 billion in digital revenue
CNN announced it's laying off about 6% of its workforce as it takes the next step in a restructuring plan aimed at producing $1 billion in digital revenue by 2030.
CNN laying off 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.
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 ...
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 ...