CNN announced Thursday morning that the network will be cutting about 200 staffers, roughly 6% of jobs, as they pivot towards digital post-election. This restructuring will also include a new streaming service, as well as changes to its linear lineup.
Still, despite these layoffs, CEO Mark Thompson noted they are also expected to fill 100 new jobs in the first half of 2025. Those roles come in part from a $70 million investment from Warner Bros. Discovery, according to The New York Times.
“The changes we’re announcing today are part of an ongoing response by this great news organization to profound and irreversible shifts in the way audiences in America and around the world consume news,” Thompson shared in a memo.