'It will be a difficult time for everyone,' CNN EO Chris Licht told staff in an email Wednesday.
Cable news giant CNN will be hit by layoffs Wednesday and Thursday, part of continued cost-cutting by parent company Warner Bros. Discovery, which is trying to integrate the legacy WarnerMedia businesses and the Discovery businesses.
In a memo Wednesday morning, CNN CEO Chris Licht wrote that the channel will inform paid contributors Wednesday as part of a new reporting strategy, with full time employees being informed of their status on Thursday.
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'It was not sustainable or real': Tech layoffs approach Great Recession levelsTechnology companies have announced more than 60,000 job cuts this year. By comparison, about 65,000 tech jobs were lost each year in 2008 and 2009 during the recession.
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