CNN to Lay Off 100 Staffers, Plots Digital Subscription Launch for End of Year

CNN CEO Mark Thompson is finally putting forth broad restructuring plans for the network, planning for digital subscription product launches by the end of 2024 and staff reductions of around 100 employees. 

Thompson outlined his long-awaited digital vision in a memo to staff on Wednesday morning, which included plans to merge all of the network’s newsrooms, build out subscription offerings and lean heavily into digital video. The CEO’s memo to staffers also noted that around 100 roles will be cut in the process. CNN currently operates with a workforce of more than 3,500 staffers. 

“In addition to some new posts and opportunities we have opened up at CNN, we’re also announcing some staff reductions across the company today,” Thompson said.