
CNN Streamlines Workforce with Job Cuts as It Shifts Focus Towards Streaming Services
3 months ago
In a significant move reflecting the changing landscape of media consumption, CNN has announced the reduction of approximately 6% of its workforce. This strategic pivot is primarily aimed at reallocating resources to enhance its streaming services, responding to an increased demand for digital content delivery amidst shifting viewer habits. This decision comes in the wake of broader trends within the industry, where traditional television networks are grappling with dwindling viewership and revenue challenges.
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