CNN has announced it is pumping $200 million into CNN Digital and hiring 200 staffers, but as a result of this expansion, more than 50 people will be let go. A fine example of the oddity that is working in media.
According to The Wall Street Journal, staffers on the chopping block include staffers tied to CNN’s desktop site, “several generalist reporters and editors as well as employees from the company’s product, technology and operations.”
Those pink-slipped are being encouraged to reapply for the 200 new roles.
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in