CNN to Cut Jobs by 6% Amid Digital Push
Friday, January 24th, 2025
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 on Thursday.
Legacy cable networks, a profitable business for decades, have been hit by intense cord cutting by consumers who favor streaming services.
Read More at Reuters.
