CNN is eliminating approximately 100 jobs and plans to debut its first digital subscriptions before the end of the year as the news network leans into reshaping its business. In a memo sent to staff on Wednesday, CNN CEO Mark Thompson said noted that it’s cutting just 100 jobs out of a total workforce of approximately 3,500. He said that open roles were closed wherever possible in order to minimize the total layoffs. [time-brightcove not-tgx=”true”] Media organizations including CNN have struggled to grow audiences and revenue, and have sought to diversify what they’re offering to customers. Read More: Here’s Everything New on Netflix in July 2023 Thompson said that CNN’
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