CNN makes massive staff cuts as news industry prepares for a dark winter
Posted on AllSides December 2nd, 2022
From The Left
CNN is laying off hundreds of employees in a cost-cutting effort that illuminates the financial challenges facing a wide array of media companies as the economy teeters toward a possible recession.
The cuts began on Wednesday and finished on Thursday, with affected employees notified in person or via Zoom.
“It is incredibly hard to say goodbye to any one member of the CNN team,” CNN chief executive Chris Licht wrote in a Wednesday staff memo obtained by The Washington Post, describing the cuts as a “gut punch.”
Chris Cillizza, who...
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