CNN boss Mark Thompson on Thursday revealed sweeping changes to the network, including 200 layoffs in traditional TV production jobs as the company invests in new digital roles, according to a report.
CNN is turning to job cuts this month, with the goal of lowering costs and expanding into the digital space more actively.
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CNN and NBC News are readying plans for pink slips, which could begin flying in newsrooms as soon as Thursday.
The job cuts come as CNN looks to rearrange its linear TV lineup and building out digital subscription products.
CNN, a unit of Warner Bros Discovery , plans to lay off hundreds of employees on Thursday, as it refocuses the business ...
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Netflix's (decision to raise rates brings its ad-supported standard plan to $7.99 a month. That matches the cheapest plan available from Comcast’s Peacock, but remains a dollar or two below what's ...