According to a new report, CNN is reportedly planning to adopt a new round of layoffs in the wake of the 2024 presidential vote.
Following a decrease in popularity throughout the presidential election cycle, CNN professionals are expected to announce plenty of cutbacks over the coming months, according to Puck.
Dylan Byers, a Puck reporter, wrote,” In the next few months, I’m told, CNN will implement another round of layoffs that will impact hundreds of employees across the organization, including those whose TV production talents wo n’t necessarily be needed in the new digital-first landscape”.
According to Crane, CNN’s popularity decreased significantly on election day because it only attracted 5.1 million ordinary people, down from the 10 million average people CNN received in 2020.
According to Harper, the planned new round of layoffs at CNN are expected to have a significant impact on the company’s production workers. Harper noted that sources have suggested that CNN correspondents and reporters may be expected to handle some of the duties that generation assistants and producers used to do.
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Crane explained that some of CNN’s on-air characters are also “likely” to become impacted by the approaching cuts, while “redundant projects” may be cut, and many CNN divisions will be either reduced or eliminated.
Due to the changing nature of the media industry, sources told Crane that the company’s strategy to concentrate on digital platforms is being addressed by the approaching layoffs. According to Crane, CNN CEO Mark Thompson places a strong emphasis on digital platforms.
Despite the anticipated round of layoffs in the upcoming weeks, a source told Crane that CNN’s focus on digital systems might lead to a” online gain” of employees.
Chris Wallace, the number of CNN, confirmed his exit from the store on Monday during an appointment with the Daily Beast, which comes as reports of the possible cuts. ” This is the first time in 55 years I’ve been between jobs”, Wallace said. ” That really gives me a sense of excitement and liberation.”
According to The Daily Mail, as a result of the struggling finances and popularity of CNN, Jake Tapper and Wolf Blitzer have both been denied creates.
