CNN is expected to announce a significant reduction in staff as early as Thursday according to reports by CNBC.
The layoffs come as the news organization plots a new course for the future through a broader global audience with an emphasis on digital. The cuts will reportedly help CNN cut production costs and consolidate teams according to the report.
The job cuts are also reportedly not expected to affect CNN’s biggest names as they are under contract. The news organization employs about 3,500 people.
A spokesperson for CNN would not confirm CNBC’s report but told TheWrap more information is forthcoming.
News of the layoff has been expected for weeks but now the cuts seem to be just around the corner.