CNN announced on Thursday that roughly 6% of its workforce would be laid off amid the network’s shift toward digital platforms. The announcement came just days after President Donald Trump’s inauguration. In a memo distributed to staff members on Thursday, CNN CEO Mark Thompson announced the mass layoffs at the news network. While Thompson confirmed …
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CNN announced on Thursday that roughly 6% of its workforce would be laid off amid the network’s shift toward digital platforms. The announcement came just days after President Donald Trump’s inauguration.
In a memo distributed to staff members on Thursday, CNN CEO Mark Thompson announced the mass layoffs at the news network. While Thompson confirmed reports that roughly 200 employees would be cut due to the company’s restructuring, the CEO explained that he did not expect CNN’s total number of employees to decrease significantly in 2025 since the company intends to invest $70 million in digital initiatives.