Layoffs hit CNN Tuesday, with cuts affecting multiple divisions throughout the far-flung news network, Alex Weprin writes for Capital.
According to Capital, “a number of shows” have been axed, and the Time Warner-owned network has closed its entertainment unit. There will be “about 170” layoffs on top of the 130 buyouts that senior employees have already taken, Weprin writes. Turner Broadcasting, CNN’s parent company, will trim its headcount by “nearly 1,500,” according to the Capital report.
Taken together, the buyouts and layoffs mean 300 fewer employees for the network, a number that was projected earlier this month by “Reliable Sources” host Brian Stelter.
CNN’s newsroom size appears to have held relatively steady in recent years. The network’s page on Turner Broadcasting says the news organization currently has 4,000 employees. That’s the same number the network reported in 2011, 2012, and 2013.
