CNN begins layoffs amid economic uncertainty and parent company cost-cutting pressures |  CNN Business

CNN begins layoffs amid economic uncertainty and parent company cost-cutting pressures | CNN Business

New York CNN Business — CNN informed employees on Wednesday that layoffs have begun, a move that is expected to impact hundreds of Global News Network employees and mark the deepest cuts to the organization in years. Chris Licht, who took over as the network’s chief executive in May, described the cuts in a memo …

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