CNN is laying off around 200 employees as part of a restructuring plan that prioritizes its digital future. CEO Mark Thompson stated that these job cuts in the television sector will eventually be balanced by new hires for digital initiatives, including subscription services. Thompson emphasizes the shift towards platforms where audience engagement is increasing.
Crews were working around the clock to restore power to customers affected by the winter storm that impacted Southeast Georgia and Northeast Florida.Read full article: More than 400 customers in Nassau County still without power after winter storm1 of 2 accused in 2020 botched gang retaliation shooting that killed 17-year-old girl goes on trial this week
Three people were transported to a hospital in critical condition following a fire Thursday morning in Northwest Jacksonville, according to the Jacksonville Fire Rescue Department.Save big on self-care and jewelry with these Insider DealsCNN expects to lay off about 200 people as part of a restructuring announced on Thursday that pivots the news organization toward a more digitally oriented future.
“Our objective is a simple one: to shift CNN's gravity towards the platforms and products where the audience themselves are shifting,” Thompson said in a memo to CNN staff.
CNN Layoffs Restructuring Digital Subscription
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
CNN to Cut 200 TV Jobs, Invest in Digital as Part of Streaming PushCNN, owned by Warner Bros. Discovery, is cutting about 200 TV-focused roles and hiring an equal number in digital positions as part of a shift towards digital platforms. The company aims to reach $1 billion in digital revenue by 2030. CEO Mark Thompson stated the move is to secure CNN's future amid the decline of cable news.
Read more »
Frito-Lay Recalls Lay's Potato Chips Due to Potential Milk ContaminationFrito-Lay has issued a limited recall of Lay's Classic Potato Chips in certain states due to the presence of milk, posing a risk to individuals with milk allergies or sensitivities.
Read more »
CNN to lay off hundreds of employees as post-inauguration transformation begins, sources sayBoth CNN and NBC News are planning layoffs this week as newsrooms transition away from linear TV toward digital audiences.
Read more »
CNN to Lay Off Hundreds as It Shifts Focus to DigitalCNN plans to lay off hundreds of employees this week as part of a restructuring that prioritizes a global digital audience. The cuts will help reduce production costs and consolidate teams, with some shows potentially moving to Atlanta for cheaper production. While the layoffs will impact various departments, they are not expected to affect top-tier talent under contract. CNN has received a significant investment from Warner Bros. Discovery to support its digital growth, which will see the hiring of data scientists and product developers in strategic areas.
Read more »
CNN to Lay Off Hundreds, NBC News Plans Smaller CutsCNN plans to lay off hundreds of employees as it refocuses on a global digital audience. The cuts will help lower production costs and consolidate teams. Certain shows may move to Atlanta for cheaper production. NBC News also plans cuts this week, though the number will be significantly smaller. Both news organizations waited until after the U.S. presidential inauguration to make the cuts.
Read more »
CNN to Lay Off Hundreds as Media Giant Shifts Focus to DigitalCNN is planning layoffs of hundreds of employees this week as part of a strategic shift toward a global digital audience. The cuts will impact various departments and production costs, with certain shows potentially relocating to Atlanta for more cost-effective production. The move comes as the media landscape evolves, with declining linear TV viewership and a growing reliance on digital platforms for news consumption. Meanwhile, NBC News is also planning smaller-scale layoffs.
Read more »