CNN is reportedly preparing for a round of layoffs that could be announced as early as Thursday, according to sources familiar with the matter. The cuts, which have been anticipated for weeks, are part of CEO Mark Thompson’s strategy to reshape the news organization with a greater emphasis on digital content, according to a report from CNBC.
While the exact number of positions affected remains unclear but its reported that this will impact hundreds of employees, sources suggest the layoffs will primarily target behind-the-scenes roles, including production staff in New York and Washington, D.C. Some of these production jobs are expected to be relocated to CNN’s Atlanta facilities.
The move comes as CNN, like many other traditional media companies, navigates the evolving media landscape and the growing dominance of digital platforms. Thompson, who took the helm at CNN in October, has been vocal about his plans to modernize the network and invest in its digital future.
This shift in focus has led to speculation about potential restructuring and cost-cutting measures. While most on-air talent, including prominent anchors, are expected to remain unaffected, the layoffs signal a significant change for behind-the-scenes operations.
CNN has been undergoing a period of transition following a merger between WarnerMedia and Discovery, Inc., which created Warner Bros. Discovery. The new parent company has been implementing cost-saving initiatives across its various properties.
The network has also faced challenges in recent years, including declining ratings and increased competition from digital news outlets. Thompson’s strategy aims to address these challenges by streamlining operations and prioritizing digital growth.
The potential layoffs at CNN reflect a broader trend in the media industry, where traditional news organizations are adapting to the changing consumption habits of audiences. As more people turn to online sources for news and information, media companies are investing in digital platforms and restructuring their workforce to align with these shifts.
CNN’s emphasis on digital content is expected to involve expanding its online presence, developing new digital products, and creating content specifically tailored for online audiences. This strategic shift may involve re-allocating resources and redefining roles within the organization.
While the layoffs are undoubtedly a difficult development for those affected, they underscore the ongoing transformation of the media industry and the need for news organizations to adapt to the digital age. CNN’s efforts to modernize and prioritize digital content reflect a broader trend in the industry as it seeks to remain relevant and competitive in a rapidly changing media landscape.
Cord Cutters News has reached out to CNN for comment and will update our story as we learn more.