Location: New York, NY, USA.
Department affected: CNN.
Based on news reporting.
Warner Bros. Discovery, Inc. has announced significant layoffs at CNN, affecting approximately 1,000 employees as part of a strategic shift towards streaming services. The job cuts are part of a broader effort to streamline operations and adapt to changing viewer habits. This decision comes as the company prepares for a new streaming rollout, indicating a focus on digital content delivery. The layoffs are expected to impact various departments within CNN, primarily in New York, as the company seeks to reduce costs and enhance its competitive position in the media landscape.
Warner Bros. Discovery, Inc. cut 1,000 jobs affecting its CNN team as of October 1, 2023.
That is roughly 2.8% of the 35,300 people Warner Bros. Discovery, Inc. employs.
LayoffTalk has tracked 20 layoff events at Warner Bros. Discovery, Inc. since October 2023, affecting a combined 3,335 employees.
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