‘Sad and frustrated’: CNN staff fear sweeping layoffs by March
Wednesday, 13 November 2024 ()
CNN employees are bracing for budget cuts and layoffs by March as the network undergoes a business model overhaul. CEO Mark Thompson acknowledges industry challenges and hints at potential cuts, particularly impacting New York City productions. CNN's viewership struggles, notably during election coverage, have fueled concerns about its future direction and impact on talent retention.
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