CNN Prepares for Mass Layoffs

  • 02/12/2018
  • Source: Mediaite
  • by: Aidan McLaughlin
CNN Prepares for Mass Layoffs
By Altair78 (talk). Based on a picture by Doug Waldron. [CC BY-SA 2.0 (https://creativecommons.org/licenses/by-sa/2.0)], via Wikimedia Commons
CNN is preparing to layoff as many as 50 employees from its digital arm, according to a Vanity Fair report.

VF’s Joe Pompeo reports:
 

I’ve learned that CNN, a key property in AT&T’s planned takeover of CNN’s parent company, Time Warner, is targeting big savings on the digital side, with as many as 50 jobs around the globe scheduled to be eliminated this week, according to people familiar with the matter, who noted the exact number could still be in flux.


The cuts will focus on employees working in “CNN Money, video, product, tech and social publishing,” and come as the media company has taken steps to rework its digital side.
 Source: Mediaite
Tags: Issues: Liberal Loon, Lamestream Media; Categories:

People, Places & Things

Article Index