BREAKING: CNN to lay off HUNDREDS tomorrow post-inauguration

CNN is planning to lay off hundreds of employees tomorrow now that they’ve gotten past the inauguration. They claim it’s about a ‘global digital audience’, but we all know their ratings plummeted after President Trump won the election so decisively in November.

Here’s more from CNBC:

Warner Bros. Discovery’s CNN plans to lay off hundreds of employees Thursday as it refocuses the business around a global digital audience, according to people familiar with the matter.

The layoffs come as CNN is rearranging its linear TV lineup and building out digital subscription products. The cuts will help CNN lower production costs and consolidate teams, said the people, who spoke on the condition of anonymity to discuss nonpublic changes.

Certain shows that are produced in New York or Washington may move to Atlanta, where production can be done more cheaply, said the people.

For the most part, the job cuts won’t affect CNN’s most recognizable names, who are under contract, said the people. CNN has about 3,500 employees worldwide.

NBC News is also planning cuts later this week, according to people familiar with the matter. While the exact number couldn’t be determined, the job losses will be well under 50, two of the people said.

This is absolutely about cutting costs because they lost the election. Hopefully they end up getting sold at some point to someone who actually cares about actual journalism and fair reporting. Because what they are doing right now ain’t working.

https://therightscoop.com/breaking-cnn-to-lay-off-hundreds-tomorrow-post-inauguration/