CNN To Reportedly Lay Off 'Hundreds of Employees' And Some 'Top Stars' As Ratings Tank

CNN's Ratings Have Been in a Tailspin for Years

CNN's ratings have been in a tailspin for years. In 2021, the network's primetime viewership was down 38% from 2019. In the key demographic of adults 25-54, CNN's ratings were down 49% from 2019.

The decline in ratings has been attributed to a number of factors, including the rise of streaming services, the increasing popularity of right-wing media, and CNN's own shift to more partisan coverage.

The Layoffs Are Part of a Cost-Cutting Plan

The layoffs are part of a cost-cutting plan that CNN has been implementing in recent months. In October, the network announced that it would be cutting $100 million from its budget. The layoffs are expected to save CNN around $30 million.

The layoffs are also part of a broader trend in the media industry. In recent years, a number of other major media companies have announced layoffs, including NBCUniversal, ViacomCBS, and Gannett.

Some 'Top Stars' Are Expected to Be Laid Off

In addition to the layoffs of regular employees, CNN is also expected to lay off some of its "top stars." This includes anchors and correspondents who are well-known to viewers.

The layoffs of top stars are a sign that CNN is serious about cutting costs. The network is hoping that by getting rid of some of its highest-paid employees, it can save money and improve its bottom line.

The Layoffs Are a Blow to CNN's Morale

The layoffs have been a blow to CNN's morale. Many employees are angry and upset that they are losing their jobs. The layoffs have also created a sense of uncertainty about the future of the network.

It is unclear how the layoffs will impact CNN's long-term prospects. However, the layoffs are a clear sign that the network is facing serious challenges.