CNN Starts Layoffs Of Workforce As Parent Company Undergoes Cost-Cutting – Deadline
CNN started to inform staffers of layoffs, as its chairman and CEO Chris Licht wrote that notices will go out on Wednesday and Thursday.
“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.”
Licht had announced earlier this fall that the network would cut positions. He wrote that he “recently described this process as a gut punch, because I know that is how it feels for all of us.”
“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.
“I know these changes affect both our departing colleagues and those who remain, and we have resources designed to support you,” Licht wrote.
A spokeswoman declined to share additional details.
More to come.
- A detonation that was accompanied by Baccarat’s crooked smirk throughout it all
- Safety Tips For Medical Equipment Transportation
- “Am I That Unattractive?” – Deadline
- James Gunn Addresses Backlash Over ‘Shazam’ Star Zachary Levi’s Anti-Pfizer Tweet – Deadline
- Fox Drums Up ‘Rock Camp’ Comedy From Steve Basilone David Fishof – Deadline