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JohnSJ

(98,883 posts) Thu Dec 1, 2022, 11:11 AM Dec 2022

Gut punch': CNN cuts staffers amid Warner Bros. Discovery rebuild [View all]

"CNN has informed employees that layoffs are underway as parent company Warner Bros. Discovery (WBD) looks to slash $3 billion worth of costs over the next two years.

According to an internal memo obtained by Yahoo Finance, CNN CEO Chris Licht wrote to employees on Wednesday: "Our people are the heart and soul of this organization. It is incredibly hard to say goodbye to any one member of the CNN team, much less many."

https://www.yahoo.com/finance/news/cnn-layoffs-warner-bros-discovery-rebuild-171542499.html

13 replies

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Highlight:

Gut punch': CNN cuts staffers amid Warner Bros. Discovery rebuild [View all] JohnSJ Dec 2022 OP

That fool is decimating CNN! True Blue American Dec 2022 #1

Sounds like Warner is wanting cost cutting jimfields33 Dec 2022 #2

They should start by firing all the rightwing types. FoxNewsSucks Dec 2022 #3

CNN is a shell snowybirdie Dec 2022 #4

Me too. Miss it. moonscape Dec 2022 #7

Not to mention dumping Brianna and John Berman True Blue American Dec 2022 #8

I never watched it a lot MuseRider Dec 2022 #9

I purposefully avoid it now myself... W_HAMILTON Dec 2022 #11

A layoff during the holiday season is always a thoughtful gesture. Sneederbunk Dec 2022 #5

Everybody knows the only way to make a profit is when you lay everybody off FakeNoose Dec 2022 #6

CNN reminds me of Sears renate Dec 2022 #10

Wow! That's a damn good analogy. As someone who's "Santa Claus" growing up was Carlitos Brigante Dec 2022 #12

They should cut salaries of their top execs & worthless CEO onetexan Dec 2022 #13