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, 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 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 expected to lay off about 200 of its employees, or 6% of its workforce, in part of a shift toward a more ...
The job cuts come as CNN looks to rearrange its linear TV lineup and building out digital subscription products.
Both CNN and NBC News are planning layoffs this week as newsrooms transition away from linear TV toward digital audiences.
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