Investing.com — Warner Bros. Discovery’s CNN is ready to put off a whole lot of staff this Thursday because it restructures its enterprise to concentrate on a worldwide digital viewers, based on a report from CNBC citing sources near the matter.
The layoffs are a part of CNN’s broader plan to reorganize its linear TV lineup and increase its digital subscription merchandise. The folks, who requested to stay nameless, stated the cuts are designed to assist CNN cut back manufacturing prices and streamline groups.
Moreover, some reveals at the moment produced in New York or Washington is perhaps relocated to Atlanta, the place manufacturing bills are decrease, the sources added.
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