CNN to lay off hundreds – media
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The redundancies are set to come amid a shift in focus to a digital audience, CNBC has reported CNN is planning to axe hundreds of its 3,500 workforce as soon as Thursday, people familiar with the matter have told rival US network CNBC. The US media multinational is reorienting towards digital audiences and away from TV. The Warner Bros Discovery asset must reportedly reduce its TV production costs, consolidate teams and expand its digital subscription offers, CNBC claimed on Wednesday, citing
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