CNN Expected To Announce Substantial Job Cuts

CNN is expected to announce significant job cuts this week, part of CEO Mark Thompson’s long-in-the-works restructuring plans to place more emphasis on the digital future. CNBC first reported on the job reductions, which could number in the hundreds. A CNN spokesperson declined comment. As he has laid out a digital strategy, Thompson has long signaled that it would come with reductions in staff. The network went through a round of layoffs last year, with about 100 people impacted, or 2.9% of a 3,500 emplo ...