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Keyword: cnnlayoffs

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  • CNN to lay off hundreds of employees as post-inauguration transformation begins, sources say

    01/22/2025 2:37:14 PM PST · by E. Pluribus Unum · 50 replies
    CNBC.com ^ | 4:25 PM EST | Alex Sherman
    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...
  • 'Paranoid' WarnerMedia staff fear 'bloodbath' of layoffs ahead of Discovery merger after NINE top execs were fired this week

    04/08/2022 1:50:28 PM PDT · by marcusmaximus · 42 replies
    Daily Mail ^ | 4/8/2022 | Alex Hammer
    'Paranoid' WarnerMedia staff are preparing for another round of layoffs ahead of the completion of its merger with media conglomerate Discovery, sources have revealed, after a firing spree this week saw nine top execs nixed from the company. The nine departures saw the exit of CEO Jason Kilar, Warner Bros. chief Ann Sarnoff, and HBO Max general manager Andy Forssell. Other staffers set to leave the company Friday include WarnerMedia CRO Tony Goncalves, CTO Richard Tom, CFO Jennifer Biry, Executive Vice President Jim Cummings, CIO Christy Haubegger and WarnerMedia general counsel Jim Meza. All were top members of Kilar's management...
  • Report: CNN to Lay Off up to 50 Employees After Missing Revenue Targets.....

    02/13/2018 8:33:47 AM PST · by caww · 46 replies
    I'm too lazy to simply type CNN ^ | Feb.12,2018 | BREITBART NEWS
    Joe Pompeo writes at Vanity Fair that CNN, led by its president Jeff Zucker, will soon lay off dozens of employees — mostly from “several high-profile digital initiatives” — after the left-wing news network failed to reach revenue targets.