CNN laying off about 200 employees as part of shift to digital model
CNN, already beset by historically low television ratings, is laying off 6 percent of its staff, roughly 200 people, chief executive Mark Thompson announced in a memo to employees Thursday morning. The cuts, which will affect CNN employees around the world, will be completed by the end of the week.
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 digital-oriented future
CNN Cuts About 200 Jobs As Part Of A Further Shift To Digital Business
CNN announced a restructuring Thursday that includes some 200 layoffs, an accelerated pivot to digital operations and new TV roles for personalities like Wolf Blitzer, Jake Tapper and Audie Cornish. It’s the boldest revamp yet in the 18-month tenure of CEO Mark Thompson,
CNN Lays Off More Than 200 Employees As Company Pursues New Digital Strategy
CNN announced over 200 layoffs, sparking concern in the company and the media, with many speculating the move is connected with Donald Trump's inauguration. According to CEO Mark Thompson, the move is part of a broader effort to modernize and adapt to shifting news consumption trends,
CNN Restructures with Layoffs and Bold Digital Shift
CNN announced 200 layoffs as part of a major restructuring focused on accelerating its digital business transformation. CEO Mark Thompson, in his boldest move since joining 18 months ago, aims to steer CNN towards digital-first platforms.
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