Lay-Offs in News Media

Massive Lay-offs at CNN and NBC

"CNN boss Mark Thompson reportedly plans to announce mass layoffs Thursday – just days after he warned top on-air talent including Jake Tapper and Anderson Cooper that they ought to avoid “pre-judging” President Donald Trump.

The ratings-challenged cable news pioneer will lay off hundreds of employees as it refocuses the business around a global digital audience, CNBC reported on Wednesday, citing people familiar with the matter.

The job cuts come as CNN, owned by Warner Bros Discovery, looks to rearrange its linear TV lineup and build out digital subscription products, CNBC said, adding that it will help CNN lower production costs and consolidate teams.

NBC News, owned by Comcast, is also planning job cuts later this week."

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