CNN boss Chris Licht’s dirty work is done — for now.
The left-leaning news network’s new chief executive cut hundreds of jobs Thursday in an effort to shore up costs and transform the struggling cable news network.
CNN had roughly 4,400 employees prior to Thursday’s bloodbath. The layoffs hit hundreds of staffers, but amounted to a “single-digit percentage” of staff, according to a source with knowledge. That would mean no more than 440 staffers were handed pink slips.
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More than 1,000 members of the
New York Times union, which includes hundreds of newsroom staffers, plan to walk out on the job if the company's management doesn't agree to the terms of a new contract by Dec. 8