CNN Prepares for Mass Layoffs Post-Election

CNN is reportedly preparing for mass layoffs affecting both top talent and production staff, driven by declining ratings following the 2024 Presidential Election. High-profile anchors like Anderson Cooper, Jake Tapper, and Wolf Blitzer, who have substantial salaries, may be impacted as the network seeks to cut costs. The incoming CEO, Mark Thompson, plans to shift focus towards digital platforms, which could lead to the restructuring of various divisions and the elimination of redundant roles. This development comes amid reports of tense work environments and staff exploring opportunities with other media outlets. The layoffs are expected to occur over the next few months as CNN attempts to recover from its ratings slump and financial pressures. The decision reflects broader challenges faced by traditional TV networks in adapting to changing media consumption habits.