CNN Starts Layoffs Of Workforce As Parent Company Undergoes Cost-Cutting

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CNN Starts Layoffs Of Workforce As Parent Company Undergoes Cost-Cutting
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CNN’s Chris Licht Starts Layoffs Of Workforce

“Today we will notify a limited number of individuals, largely some of our paid contributors, as part of a recalibrated reporting strategy,” Licht wrote in a memo, shared on Twitter by CNN’s Oliver Darcy. “Tomorrow we will notify impacted employees, and tomorrow afternoon I will follow up with more details of these changes.”

“It will be a difficult time for everyone,” Licht wrote in the memo. “If your jobs has been impacted, you will learn through an in-person meeting or via Zoom, depending on your location.” He added that the affected employees would receive information about severance and their last day. Those who were eligible for 2022 bonuses would still receive them based on performance.

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