Media giants CNN and NBC layoffs signal digital shift
CNN and NBC News are set to lay off employees as they transition toward a digital-focused future.
CNN, a division of Warner Bros. Discovery, will cut hundreds of jobs this week, reorganize its TV lineup, and expand digital subscription services.
Some programs may shift from New York and Washington to Atlanta to reduce costs.
NBC News, owned by Comcast, plans to lay off fewer than 50 employees while spinning off its MSNBC and CNBC channels.
Analysts say these moves follow industry trends prioritizing digital platforms to meet changing consumer habits.
Earlier, The Washington Post and Associated Press also announced staff cuts to reduce costs.