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 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,
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