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CNN Job Cuts Are A Painful Reminder Of Where TV News Is Heading
After months of speculation, CNN cut 6% of its TV news staff, while continuing to add talent focused on digital products. Expect more shifts like this for TV news.
CNN Expected To Announce Substantial Job Cuts
CNN is expected to announce significant job cuts this week, part of CEO Mark Thompson’s long-in-the-works restructuring plans to place more emphasis on the digital future. CNBC first reported on the job reductions, which could number in the hundreds. A CNN spokesperson declined comment.
US News Giant CNN Eyes 200 Job Cuts, Streaming Overhaul
US news network CNN will shed six percent of staff, some 200 people, the outlet said Thursday as it embarks on a major shakeup of staffing and programing amid a deluge of political news.
CNN Cuts Jobs, Prepares New Streaming Rollout
CNN is laying off roughly 200 employees, or about 6% of its workforce, part of a plan Chief Executive Mark Thompson says will shift the cable TV brand’s emphasis toward digital growth and prepare it to launch a streaming service.
5d
UBS CEO Signals Job Cuts Will Continue in Quest to Lower Costs
UBS Group AG Chief Executive Officer Sergio Ermotti said he will keep cutting headcount in the wake of the historic ...
10d
on MSN
The linguistic somersaults Meta and other companies use to disguise how job cuts are coming
When companies cut jobs, many resort to language like "rightsizing" to try to soften the blow. It doesn't work.
3d
on MSN
Job cuts at Canada's immigration department prompt concerns over backlogs and processing times
Immigration, Refugees and Citizenship Canada has announced plans to cut about a quarter of its workforce over the next three ...
Yahoo Finance
13d
Retail job cuts spiked in December
As retailers continue to announce layoffs, the number of
job
cuts
in the industry spiked more than 2,800% in December, from 110 positions in 2023 to 3,283 in 2024, according to a Challenger ...
3d
Sainsbury’s Job Cuts Just the Start as Costs Soar in UK Retail
Britain’s retailers face having to cut more jobs, drive harder bargains with labor unions and stagger pay increases to absorb ...
2d
on MSN
British Columbians concerned about backlogs after Canadian immigration job cuts
A Vancouver-based Canadian immigration lawyer says there are hundreds of thousands of applications waiting to be processed by ...
Daily Sabah
3d
Adidas, Puma weigh job cuts as latter disappoints with profit fall
German sportswear giants Adidas and Puma have both announced they are seeking to reduce costs, including through possible job ...
2d
Rachel Reeves’ Budget tax raid sparks fastest rate of job cuts since financial crisis
THE Budget tax raid on businesses has led companies to slash jobs at the fastest rate since the financial crisis, a survey ...
3h
Recession fears grow as companies prepare to ramp up staff cuts
Fears of a recession are growing as business chiefs warned they will be forced to ramp up job cuts as Rachel Reeves’s tax ...
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