CNN has announced the laying off of 6% of its workforce, affecting approximately 200 employees, as part of cost-cutting measures amid historically low television ratings. CEO Mark Thompson shared this news in a memo to staff on Thursday morning. The company is grappling with declining viewership and aims to reduce expenses by streamlining operations. This move could impact morale among affected employees and raise questions about the long-term sustainability of such drastic cuts for a major broadcasting network.
Source: https://www.washingtonpost.com/style/media/2025/01/23/cnn-layoffs-digital-shift