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Circling the Toilet Bowl.
'CNN to lay off hundreds of employees as post-inauguration
transformation begins, sources say' <https://www.cnbc.com/2025/01/22/cnn-to-lay-off-hundreds-of-employees-post-inauguration.html>

'Warner Bros. Discovery’s
CNN plans to lay off hundreds of employees Thursday as it refocuses the business around a global digital audience, according to people familiar
with the matter.

The layoffs come as CNN is rearranging its linear TV lineup and building
out digital subscription products. The cuts will help CNN lower
production costs and consolidate teams, said the people, who spoke on
the condition of anonymity to discuss nonpublic changes.

Certain shows that are produced in New York or Washington may move to
Atlanta, where production can be done more cheaply, said the people.

For the most part, the job cuts won’t affect CNN’s most recognizable
names, who are under contract, said the people. CNN has about 3,500
employees worldwide.

During a town hall meeting earlier this month, CNN CEO Mark Thompson
said the media company has received an investment of “more than $70 million” from Warner Bros. Discovery to help fund the company’s digital operations. Part of that investment will go toward hiring employees in
areas where CNN sees potential growth avenues, such as data scientists
and product development.

In October, CNN launched a digital paywall, charging heavier users of
the site $3.99 per month.

NBC News is also planning cuts later this week, according to people
familiar with the matter. While the exact number couldn’t be determined,
the job losses will be well under 50, two of the people said.

Spokespeople for NBC News and CNN declined to comment.

Both news organizations waited until after the U.S. presidential
inauguration to make the cuts. The news media landscape is in transition
as fewer people watch linear TV and more consume their news on streaming services and through social media'

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