CNN facing layoffs

CNN, under CEO Mark Thompson, is undergoing significant changes including laying off 100 employees to realign its newsroom structure and enhance digital presence. The network is shifting towards a more integrated digital service amidst declining traditional cable TV revenues. Thompson's plan includes leveraging AI, automation, and launching a new subscription service to generate over $1 billion. CNN is also restructuring news operations, combining TV and digital news teams, and focusing on video content to adapt to the evolving media landscape and address profitability challenges.