CNN cuts about 100 jobs, to launch digital subscriptions before year’s end
By
Binu Mathew
CNN is eliminating approximately 100 jobs and plans to debut its first digital subscriptions before the end of the year as the news network leans into reshaping its business.
In a memo sent to staff on Wednesday, CNN CEO Mark Thompson said noted that it’s cutting just 100 jobs out of a total workforce of approximately 3,500. He said that open roles were closed wherever possible in order to minimise the total layoffs.