CNN Restructures, Focuses on Digital Expansion

CNN is set to lay off hundreds of employees as part of a strategic shift towards digital operations, reflecting broader media industry changes. CEO Mark Thompson emphasizes the need to adapt to a digital audience, supported by a $70 million investment from Warner Bros. Discovery to enhance digital offerings like data science and product development. The layoffs, expected to occur on Thursday, aim to reduce production costs by consolidating teams and relocating some productions from New York and Washington to Atlanta. Although the job cuts are extensive, they will not impact CNN's most recognizable anchors who are under contract. This restructuring coincides with a challenging landscape for traditional media, as viewers increasingly migrate to streaming and digital platforms. Concurrently, NBC News plans to execute cuts affecting less than 50 employees, following similar trends in the media sector.