Corporate Restructuring

CNBC reported on Wednesday that CNN, a Warner Bros Discovery unit, will lay off hundreds of workers Thursday as it refocuses its business to a global audience. CNBC reported that the job cuts will be made as CNN restructures its linear TV line-up and builds out digital subscription services. It also said it would help CNN reduce production costs and consolidate their teams. … [Read more...] about CNN Announces Mass Layoffs, Hundreds to Lose Jobs