CNN CEO Chris Licht sent a memo that “noticeable” changes are coming to the organization that will “affect people, budgets, and projects,” which he admits are “unsettling” for employees.
John Harwood calls former President Donald Trump ‘dishonest demagogue.’
"I have spent the last six months meeting so many of you and diving deep into every corner of the company to understand how you do the incredible work CNN produces every day, how we’re structured, and defining our top priorities. As many of you know, I have also spent much of that time doing formal business reviews with senior staff to identify areas where we should make changes, investments, and reductions to match our future priorities," Licht wrote.
CEO Chris Licht informed staffers that "noticeable" changes are coming to the organization that will "affect people, budgets, and projects," which he admits are "unsettling" for employees."We have also begun to reduce or eliminate areas that aren’t core to our mission. All these moves are designed to keep CNN essential across platforms to ensure that wherever and however people get their news, they must have CNN," Licht wrote.
LIBERAL MEDIA PUNDITS PRAISE BRIAN STELTER AFTER FINAL SHOW ON CNN: ‘LIKE A MOUNTAIN GUIDE IN AN AVALANCHE’
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
UK rocket startup is on a mission to make satellite launches sustainableOrbex's launch system could reduce carbon emissions by 90%, CEO Chris Larmour tells IE.
Read more »
Apple raises prices for music and TV streaming services | CNN BusinessApple on Monday raised the price of its music and video streaming services, in the latest example of streaming products getting more expensive in recent months.
Read more »
Adidas is on the hot seat to cut ties with Kanye West | CNN Business“I can say antisemitic s*** and Adidas cannot drop me,” Kanye West said during his now infamous tirade against Jews during the Drink Champs Podcast earlier this month. With a social media uproar focused on Adidas brewing, Ye’s theory is now being tested.
Read more »
US home prices continued to lose momentum in August | CNN BusinessUS home prices continued to gain ground in August, but the pace of growth slowed considerably as rising mortgage rates pushed more prospective buyers out of the market.
Read more »