The struggling network has not had a good year, with many Americans looking for alternatives.
CNN’s new boss, Chris Licht, announced this week that more layoffs are soon to come at the struggling news network as Licht works to cut upwards of $100 million from the network’s budget, RadarOnline.com has learned.
The surprising new development came on Wednesday during a tense town hall between the 51-year-old CEO and his staffers.
Although Licht did not provide specifics when Alisyn Camerota – the town hall’s moderator – asked who would be getting the axe, Licht did reveal those who are not part of CNN’s “core mission” are likely to be let go.
Licht also revealed the next round of layoffs are scheduled to come as soon as early December.
“There are huge nerves about that,” one CNN insider said regarding Licht’s Wednesday announcement, according to the New York Post.
“It wasn’t clear from that town hall who they’re going to fire,” the network insider added. “We’re waiting for answers on that.”
The town hall reportedly grew more heated after Camerota questioned Licht over whether the upcoming layoffs are a result of the influence David Zaslav – who serves as CEO of Warner Bros. Discovery, the network’s parent company – has over CNN.
“I own the vision for this place,” Licht quickly responded. “I did not take this job to take dictation from anybody.”
As RadarOnline.com previously reported, Licht’s announcement on Wednesday came just weeks after the new CNN chairman issued a memo warning staffers of upcoming “changes” being made to the network’s “people, budgets, and projects.”
“There is widespread concern over the global economic outlook, and we must factor that risk into our long-term planning,” Licht wrote in October.
The town hall reportedly grew more heated after Camerota questioned Licht over whether the upcoming layoffs are a result of the influence David Zaslav – who serves as CEO of Warner Bros. Discovery, the network’s parent company – has over CNN.
“I own the vision for this place,” Licht quickly responded. “I did not take this job to take dictation from anybody.”
As RadarOnline.com previously reported, Licht’s announcement on Wednesday came just weeks after the new CNN chairman issued a memo warning staffers of upcoming “changes” being made to the network’s “people, budgets, and projects.”
“There is widespread concern over the global economic outlook, and we must factor that risk into our long-term planning,” Licht wrote in October.
best news that I have ever heard about CNN
Before the right wingers get all wet and excited, that is unlikely to happens.
CNN documentaries are interesting , but I doubt Licht consider the part of the “core mission”.
Licht will make CNN better than it was and more profitable
Has CNN been an elite news organization at any time since Bernard Shaw retired? And what makes it worse is that I think the rest of the world gets their US news from that station based on CNN’s long ago reputation as The News Channel!
CNN is the only news channel where you can get a steady stream of lies every day. Where are the Lib Tards going to get their news now? If you like to listen to racists, you really need CNN for your daily dose of hate and racism.