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CNN to lay off dozens of employees in digital unit
02-13-2018, 10:29 AM
Post: #1
CNN to lay off dozens of employees in digital unit
https://www.aol.com/article/finance/2018.../23360324/

From the article:
Quote:Even CNN can’t escape the growing pains of online media, with the cable-news giant planning to cut several dozen digital jobs, the company confirmed to TheWrap.

CNN said the cuts are part of a “restructuring,” with some of the employees being moved into new roles. The cuts are expected later this week.

“We’ve been transparent about our strategy. In order to innovate, grow and experiment, we’ve added more than 200 jobs in the past 18 months,” a CNN spokesperson told TheWrap. “Not every new project has paid off so we will stop some activities in order to reallocate those resources and enable future experimentation. Organizations that do not make big bets and continuously evolve are the ones that fail.”

The layoffs were first reported by Vanity Fair on Monday, which said “as many as 50 jobs” would be cut. CNN told TheWrap that there would be less than 50 pink slips. Altogether, CNN Digital has more than 600 employees.

...

We know that Trump hates the media, but what about all those jobs that the big tax break was supposed to create? Looks like another load of Trump and repub BS. Rolleyes

Conservatism (n.), the irrational fear that somewhere someone you think is inferior is being treated as your equal.
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02-13-2018, 12:45 PM
Post: #2
RE: CNN to lay off dozens of employees in digital unit
Too bad, we need fair media.

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