CNN plans to lay off hundreds of employees, cut costs
CNN’s CEO Mark Thompson plans to announce mass layoffs Thursday, focusing on hundreds of job cuts as the network pivots to prioritize a global digital audience. The layoffs, aimed at reducing production costs and consolidating teams, will come alongside changes to CNN’s linear TV lineup and an expansion of digital subscriptions. Some shows may move from New York or Washington to Atlanta to lower costs. … Continue reading CNN plans to lay off hundreds of employees, cut costs
