CNN is announcing layoffs as part of a further shift to digital business
The layoffs are concentrated in CNN’s TV business, where ratings have tumbled as consumers cut off cable and seek other news sources.
CNN confirms expected layoffs, weekday lineup changes
CNN on Thursday confirmed reports that it would be cutting hundreds of jobs. The network also plans to move Wolf Blitzer into Jim Acosta’s spot.
CNN boss Mark Thompson confirms 200 layoffs across cable TV network in digital push
CNN boss Mark Thompson on Thursday revealed sweeping changes at the embattled network that include 200 job cuts and a pivot to a more digital-centric strategy, the company said. The layoffs at the Warner Bros Discovery-owned network will amount to 6% of CNN’s workforce – mainly producers, editors and other non-air talent vital to the TV operation.
CNN announces 6% workforce layoffs in sweeping changes
CNN, headquartered in Atlanta, is laying off 6% of its workforce as part of a push toward digital growth. Changes include a revamped lineup and new streaming service
CNN laying off about 200 employees as part of shift to digital model
The company plans to create a new digital streaming product, chief executive Mark Thompson said. CNN, already beset by historically low television ratings, is laying off six percent of its staff, roughly 200 people,
CNN to Lay off Hundreds of Employees, CNBC Reports
CNN, a unit of Warner Bros Discovery, plans to lay off hundreds of employees this week, as it refocuses the business around a global digital audience, CNBC reported on Wednesday, citing people familiar with the matter.
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 to cut jobs by 6% amid digital push
Warner Bros Discovery-owned CNN will lay off about 6% of its workforce as the TV news outlet continues to shift its focus toward a more digital-centric strategy, according to an internal memo seen by Reuters on Thursday.
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.
Kings Dominion confirms layoffs, full-time employees to receive severance pay
An unspecified number of employees at Kings Dominion were laid off on Wednesday, with full-time employees to receive ...
When You Can’t Duck Layoffs: Stripe Sends Cartoon To Fired Employees
Stripe, the Bay Area’s second most valuable startup, emailed a layoff notice to 300 workers - along with a cartoon picture.
Boeing took nearly $3 billion hit in Q4 related to strike, layoffs and troubled government programs
Boeing Co. said it incurred nearly $3 billion worth of charges in the fourth quarter of 2024 due to a lengthy labor stoppage, ...
Layoffs loom as Trump administration orders leave for federal DEI workers
Employees of diversity, equity and inclusion programs are to be placed on administrative leave by 5 p.m. Wednesday. Agencies ...
Boeing lost $3.5 billion due to labor strikes and layoffs in the fourth quarter
Boeing reported preliminary fourth quarter results on Thursday after the bell, estimating a whopping $3.5 billion operating ...
Starbucks plans corporate layoffs as part of turnaround
Starbucks said Friday it plans an unspecified number of layoffs as it restructures its corporate staff. In a letter to ...
Starbucks corporate layoffs looming in March: CEO
Global coffeehouse chain Starbucks will cut corporate jobs as new CEO Brian Niccol continues to implement changes to bolster lagging sales and improve profitability.
Canada to Review Amazon Contracts After Quebec Layoffs
Canada has warned Amazon.com that it is reviewing business ties with the company’s cloud-computing unit following Amazon’s ...