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US: Mass layoffs at CNN – hard winter for American media

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US: Mass layoffs at CNN – hard winter for American media

Winter promises to be tough for major US news outlets. as some of them have started a policy of cutting costs.

It started with CNN laying off hundreds of employees, notified in person or via Zoom.

“It’s incredibly difficult to say goodbye to any member of his team. CNN“, – wrote its CEO CNN, Chris Licht, in an announcement to employees on Wednesday, describing the cuts as “a kick in the gut.”

OUR Chris Silicajoined CNN as a political reporter in 2017, confirmed his dismissal to the Washington Post. OUR Susan Glasserhis analyst CNN on international affairs, also said she was “one of many” affected by the cuts. OUR Rachel Maytechnology editor, said she was “devastated” by Thursday’s firing.

US: CNN Massive Layoffs - Tough Winter for US Media-1
Photo: AP

Except CNNand other TV channels are planning measures to reduce costs for the winter.

In particular, NBCUniversalits parent company NBC News and his MNBCwill lay off employees in January, according to Business Insider, though a spokesman for the news department declined to comment on Thursday.

Cuts and layoffs at newspapers and radio stations

ABC News’ parent company, Disney, is also planning cuts. Also the largest newspaper group in the US, the Gannetta new round of cuts will continue, which will affect about 200 journalists.

In August, the company also laid off about 400 employees and put a hiring freeze on hundreds more positions.

National Public Radio will also see $10 million in cuts over the next 10 months.

Even the Washington Post is cutting Sally’s CEO job on Wednesday. Bazbyinformed employees that the company’s weekly magazine was being discontinued, emphasizing that its goal is “global and digital transformation.”

“A lot of media companies right now are looking at the economy and saying, ‘We’re about to go into a recession and we’re going to need fewer people,'” he said. Chris Roos, Dean of the University’s Faculty of Communications Quinnipiac.

Dean noted that some media companies “grew too fast” and invested too much before building a significant audience and business model.

“While the impact on journalism is hard to predict, the cuts come at the most inopportune moment for American democracy,” he said. Victor Picardprofessor of media politics Annenberg School of Communications at the University of Pennsylvania.

Source: Washington Post.

Author: newsroom

Source: Kathimerini

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