Story perspectives
Media Giants Restructure: CNN Cuts Hundreds, NBC Fewer Jobs
1/23/2025
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Story summary
- CNN will lay off hundreds of employees on June 26, 2024, to prioritize a global digital audience.
- The layoffs aim to reduce production costs, potentially relocating some shows to Atlanta.
- NBC News plans to cut fewer than 50 jobs as part of its restructuring.
- Both networks are responding to the decline in linear TV viewership.
- CNN has introduced a digital paywall, charging $3.99 monthly for frequent users.
