The layoffs are concentrated in CNN's TV business, where ratings have tumbled as consumers cut off cable and seek other news sources.
CNN is laying off 200 people, all within its traditional TV department, and adding roughly the same number of roles supporting its digital products, the company's CEO announced to staff in a memo.
The new lineup was unveiled just hours after CNN CEO Mark Thompson outlined job cuts and a digital-first strategy for the venerable cable news channel.
CNN made some key changes to its lineup on Thursday, including removing Jim Acosta, one of its best-known reporters, from his daily morning show. But will those tweaks be enough to win back viewers ...
CEO Mark Thompson told staff the moves aimed to better serve audiences and "secure CNN's future as one of the world's greatest news organizations." ...
Here comes another streaming service. CNN wants to get in on the act, with its CEO predicting there's "immense demand" for what the news network has to offer. Will you pay up?
CNN has announced readiness to lay off 200 employees, roughly six percent of its workforce, as part of a significant overhaul aimed at adapting to the changing media environment.The job cuts are part ...
Jim Acosta gives cheeky sign-off from CNN show as his future remains up in the air - ‘In the meantime, thank you very much for joining us this morning. Still reporting from Washington. I'm Jim Acosta, ...
CNN is laying off roughly 200 employees, or about 6% of its workforce, as part of the cable network’s shift toward digital ...
About 6 percent of jobs, or about 200 people will be cut but the company is actively recruiting for hundreds of new roles, ...
CNN jumped on the streaming bandwagon in 2022 with the launch of CNN Plus, a short-lived service that shut down after just one month. Thompson doesn’t say whether the new service will mirror the ...