A new report has revealed that CNN plans to lay off hundreds of employees as the company refocuses its business model.
The layoffs come as CNN looks to change its TV lineup and build its digital subscription products.
In total, CNN has 3,500 employees worldwide.
Trending: Trump Just Gave the Fire Victims in LA a Long Overdue Present That Will Change Everything
CNN isn’t the only network planning to lay off employees; NBC News is also looking to cut dozens of jobs.
CNN and NBC News announce layoffs in the new Trump era.
They have lied to their audiences for so long, that they no longer have credibility. When the ratings decline, so does advertising dollars.
X is the #1 news app in most countries. X is the source of news for people around… pic.twitter.com/lchFbsmSUt
— Wall Street Mav (@WallStreetMav) January
Join the conversation!
Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!