CNN Is Announcing Layoffs as Part of a Further Shift to Digital Business
CNN is expected to lay off about 200 of its employees, or 6% of its workforce, in part of a shift toward a more digital-oriented future
CNN to cut jobs by 6% amid digital push
Warner Bros Discovery-owned CNN will lay off about 6% of its workforce as the TV news outlet continues to shift its focus toward a more digital-centric strategy, according to an internal memo seen by Reuters today.
CNN to cut jobs by 6pc amid digital push
WASHINTON: Warner Bros Discovery-owned CNN will lay off about 6 percent of its workforce as the TV news outlet continues to shift its focus toward a more digital-centric strategy, according to an internal memo seen by Reuters on Thursday.
CNN expected to cut 200 jobs, restructure the company
CNN CEO Mark Thompson said its parent company Warner Bros. Discovery is going to invest $70 million to support the company's digital transformation.
CNN to Lay off Hundreds of Employees, CNBC Reports
CNN, a unit of Warner Bros Discovery, plans to lay off hundreds of employees this week, as it refocuses the business around a global digital audience, CNBC reported on Wednesday, citing people familiar with the matter.
CNN Will Cut 6% of Current Staff in Digital Pivot; New Products, TV Lineup in Works
CNN will cut 6% of its current workforce as part of CEO Mark Thompson’s continuing efforts to build up the Warner Bros. Discovery outlet’s digital and broadband acumen as the audience flocking to its flagship cable network continues to wane.
CNN and NBC News to lay off employees, CNBC reports
CNN, a unit of Warner Bros Discovery , plans to lay off hundreds of employees on Thursday, as it refocuses the business around a global digital audience, CNBC reported on Wednesday, citing people familiar with the matter.
CNN to lay off dozens as part of major restructuring
Cable giant CNN is planning to lay off dozens of employees and undergo a major restructuring as the outlet looks to retool ...
CNN boss Mark Thompson confirms 200 layoffs across cable TV network in digital push
CNN boss Mark Thompson on Thursday revealed sweeping changes at the embattled network that include 200 job cuts and a pivot ...
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Warner Bros Discovery Adds New Directors Amid Strategic Restructuring
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Warner Bros Discovery's gaming unit chief to step down after 12 years, memo shows
Warner Bros Discovery's gaming unit head David Haddad is leaving the company after 12 years in the role, according to an internal memo seen by Reuters on Thursday.
FINAL WBD DEADLINE: Bronstein, Gewirtz & Grossman LLC Reminds Warner Bros. Discovery, Inc. Investors to Join the Class Action Lawsuit
New York, New York-- (Newsfile Corp. - January 23, 2025) - Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against ...
CNN lays off 6% of jobs amid plan to reach $1 billion in digital revenue
CNN announced it's laying off about 6% of its workforce as it takes the next step in a restructuring plan aimed at producing $1 billion in digital revenue by 2030.
Warner Bros Discovery Adds SoFi CEO, Outgoing IAC Chief Executive to Board
(Reuters) - Warner Bros Discovery has appointed Anthony Noto, CEO of fintech giant SoFi, and Joey Levin, the outgoing chief ...
CNN announces layoffs as it revamps its schedule and digital strategy
CNN is laying off around 6% of its workforce, the company announced Thursday morning, as it institutes sweeping new changes to the 45-year-old news network, including a new weekday show lineup and ...