Headline RoundupDecember 2nd, 2022

CNN Announces Layoffs as Network Looks to Cut Costs

AllSides Summary

Prominent news network CNN (Left Bias) announced a round of layoffs this week as the media company seeks to cut costs.

For Context: CNN’s parent company, Warner Bros., merged with Discovery in May. Chris Licht was brought in as CEO of CNN around the same time. In October, Licht hinted that layouts were imminent, citing “concern over the global economic outlook.”

Key Quotes: Licht wrote in a memo that the layoffs would impact “a limited number of individuals, largely some of our paid contributors, as part of a recalibrated reporting strategy.” Chris Cillizza, a high-profile reporter that was laid off, tweeted that his “time at CNN was an absolute blast. I got to work with smart and dedicated journalists every day. I'm sad it's at an end but also excited about what the future holds for me.”

How the Media Covered It: Fox News described Cillizza as having “a knack for raising eyebrows with his political hot takes that often sparked visceral reactions.” An article in CNN Business (Lean Left Bias) connected the layoffs to a broader trend of downsizing in the media sector, citing recent layoff rounds at Disney, AMC, and Meta. The article attributed the layoffs to “brutal economic headwinds that have taken a bat to the advertising sector.” An article in Variety (Center Bias) blamed the layoffs on “a roiling economy that undermines the media sector’s efforts to invest in content.”

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