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From CNBC: Warner Bros. Discovery’s CNN plans to lay off hundreds of employees Thursday as it refocuses the business around a global digital audience, according to people familiar with the matter.
The layoffs come as CNN is rearranging its linear TV lineup and building out digital subscription products. The cuts will help CNN lower production costs and consolidate teams, said the people, who spoke on the condition of anonymity to discuss nonpublic changes.
Certain shows that are produced in New York or Washington may move to Atlanta, where production can be done more cheaply, said the people.
For the most part, the job cuts won’t affect CNN’s most recognizable names, who are under contract, said the people. CNN has about 3,500 employees worldwide.
The report adds that NBC News is also planning cuts later this week, but the cuts are expected to be under 50.
“This truly is the GOLDEN AGE. RIP Fake News media,” mocked Libs of TikTok.
This truly is the GOLDEN AGE.
RIP Fake News media. pic.twitter.com/ktsfHLZiLg
— Libs of TikTok (@libsoftiktok) January 22, 2025
Scoop: Tomorrow is the day. CNN is set to lay off hundreds of employees tomorrow … and NBC News is also preparing layoffs this week, albeit far smaller.
Details: https://t.co/R3J8idYxpq
— Alex Sherman (@sherman4949) January 22, 2025
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