CNN Announces Significant Layoffs Amidst Bold Digital Transformation
CNN is gearing up for a wave of layoffs primarily affecting behind-the-scenes staff, marking a substantial shift in its strategy. Driven by declining viewership and a pivot towards digital content, CNN's ambitious plan includes a $70 million investment to develop new digital products. This move, set to be unveiled by January 23, 2025, aims to fortify CNN's presence in specialized areas like health and wellness while prepping for a digital-first future.
Jan 26