CNN Cutting Hundreds of Jobs After 2024 Election: Report
CNN, one of the most well-known news organizations in the world, is reportedly planning to cut hundreds of jobs after the 2024 presidential election.
The cuts are part of a cost-cutting plan that is designed to save the company money and make it more profitable.
According to a report from The Wall Street Journal, CNN is planning to cut about 10% of its workforce, which would amount to about 400 jobs.
The cuts are expected to be made in a variety of departments, including news, programming, and marketing.
CNN has not yet confirmed the job cuts, but the company has been facing financial challenges in recent years.
The company's ratings have declined in recent years, and it has been losing money.
The job cuts are expected to be part of a broader plan to make CNN more profitable.
The company is also planning to launch a new streaming service in 2023, which it hopes will help it to attract new subscribers and generate more revenue.