CNN Announces Layoffs and Major Digital Overhaul
CEO Mark Thompson reveals plans to cut 100 jobs and launch new subscription services to pivot towards a digital-centric future.
- CNN will eliminate around 100 positions, roughly 3% of its workforce, as part of a broader reorganization.
- The network plans to introduce its first subscription product by the end of 2024, focusing on video content.
- Thompson aims to integrate CNN's domestic and international newsrooms into a single global multimedia operation.
- The company will also launch new free, ad-supported streaming channels, including CNN Originals and CNN en Español.
- A strategic push into artificial intelligence is intended to enhance journalistic capabilities and audience engagement.
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