[cnn...]

CNN chief Mark Thompson announces sweeping overhaul of news network, cuts 100 jobs



Mark Thompson, the CNN chief executive appointed last year to modernize the news network, unveiled a set of sweeping changes to the iconic outlet Wednesday, announcing plans to build a billion-dollar digital business, experiment with artificial intelligence and overhaul key newsroom structures.

The far-reaching measures, which Thompson described to staffers in a memo as a "key milestone in the transformation of CNN," will result in about 100 employees, or about three percent of the workforce, being laid off. Those employees, Thompson said, will be eligible for severance packages.
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rest:
https://www.cnn.com/2024/07/10/media/cnn-mark-thompson-layoffs-overhaul

"a billion dollar digital business".  Anyone else remember
the TW buyout of AOL?


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