The new lineup was unveiled just hours after CNN CEO Mark Thompson outlined job cuts and a digital-first strategy for the venerable cable news channel.
CNN is shaking up its TV lineup as it grapples with ratings downturns and costs. Jake Tapper, Audie Cornish, Kasie Hunt and others get new duties
CNN expects to lay off about 200 people as part of a restructuring announced on Thursday that pivots the news organization toward a more digitally oriented future.
The layoffs are concentrated in CNN’s TV business, where ratings have tumbled as consumers cut off cable and seek other news sources. They will eventually be offset by new hires in digital, where Warner Bros. Discovery is making a $70 million investment, CNN said.
CNN’s executive vice president of programming, Eric Sherling, shared the news with staffers in a memo. “In the mornings and afternoons, staffing in Atlanta and Washington will
CNN announced a restructuring on Thursday that includes some 200 layoffs, an accelerated pivot to digital operations and new TV roles for personalities like Wolf Blitzer, Jake Tapper and Audie Cornish.
Mr Thompson also announced a slew of changes to CNN’s TV schedule, replacing Jim Acosta’s 10am show with The Situation Room With Wolf Blitzer And Pamela Brown, and introducing a new morning show anchored by Audie Cornish. The network is in talks with Acosta about another role.
A frequent CNN guest slammed the network for laying off 200 workers and sidelining Jim Acosta, who gained a reputation for being a thorn in Donald Trump's side during his first term.
The layoffs are concentrated in CNN's TV business, where ratings have tumbled as consumers cut off cable and seek other news sources.
CNN is cutting 6% of its workforce as the news organization tries to reinvent itself for TV’s digital future. Facing an exodus of viewers and a systemic decline in pay TV subscriptions, the Warner Bros. Discovery-owned news channel said Thursday it will cut 200 employees from the TV side of the business while investing in the digital operation.
CNN announced a restructuring Thursday that includes some 200 layoffs, an accelerated pivot to digital operations and new TV roles for personalities like Wolf Blitzer, Jake Tapper and Audie Cornish.
Consumers and traders are waiting to learn if the Fed’s pause is a one-meeting hold or the start of a longer stretch.