Experts believe that CNN is 'in declines' after the liberal news network previously went through layoffs and price cuts. Many ...
He gave the least inspiring remarks about layoffs that I’ve ever heard,” one CNN employee told The Independent about Mark Thompson’s announcement of hundreds of job cuts.
About 6 percent of jobs, or about 200 people will be cut but the company is actively recruiting for hundreds of new roles, with about 100 expected to be filled in the next few months.
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." ...
CNN announced ... memo was sent out, Thompson reiterated that the hundreds of job cuts were “proportionally a relatively small number,” prompting staffers to savage the CEO for his lack ...
CNN is expected to unveil significant staffing cuts as soon as Thursday, according to three people familiar with the matter, as CEO Mark Thompson continues to plot a new emphasis on digital content.
CNN CEO Mark Thompson defended his decision to layoff 200 workers and promised increased investment but a change in strategy following the Thursday bloodbath. An insider told DailyMail.com ...
CNN is laying off 6% of its workforce, or roughly 200 staffers, as the cable network aims to transform its newsroom into a digital-first operation. CNN parent company Warner Bros. Discovery (WBD ...
Layoffs hit CNN on Thursday when roughly 6% of its workforce was let go because of "irreversible shifts in the way audiences in America and around the world consume news." ...