Bloodbath at CNN as CEO Chris Licht Announces Mass Layoffs: ‘It Will Be a Difficult Time for Everyone’

CNN will be hit by mass layoffs on Wednesday and Thursday, according to a memo from the cable network’s CEO Chris Licht.

He told employees CNN will inform paid contributors Wednesday of their status and full-time employees will be informed if they are still employed Thursday.

Licht ominously told CNN employees that ‘it will be a difficult time for everyone.’ He wrote:

“To my CNN colleagues, our people are the heart and soul of this organization. It is incredibly hard to say goodbye to any one member of the CNN team, much less many. I recently described this process as a gut punch, because I know that is how it feels for all of us.

“Today we will notify a limited number of individuals, largely some of our paid contributors, as part of a recalibrated reporting strategy.

“Tomorrow, we will notify impacted employees, and tomorrow afternoon I will follow up with more details on these changes.

“It will be a difficult time for everyone.

“If your job has been impacted, you will learn more through an in-person meeting or via Zoom, depending on your location.

“In those meetings, you will receive information specific to you about notice period or any severance that would apply, and your anticipated last day.

“I want to be clear that everyone who is bonus eligible will still receive their 2022 bonuses, which are determined by company performance.

“I know these changes affect both our departing colleagues and those who remain, and we have resources designed to support you.

“I will include a link to those resources in my follow up email tomorrow.

Slay the latest News for free!

We don’t spam! Read our privacy policy for more info.

“Let’s take care of each other this week,” he wrote.

Licht told journalist Kara Swisher earlier this month:

“Look, these are my cuts.

“I own this.

“This is my strategy and if I thought that there was a cut that somehow I was getting pushed to do something that I thought would be, in the, not in the interest of this company, I would push back hard, and I’ve not had to do that.”

Advertise with Slay News
join telegram


Who is the best president?

By completing this poll, you gain access to our free newsletter. Unsubscribe at any time.

By David Hawkins

David Hawkins is a writer who specializes in political commentary and world affairs. He's been writing professionally since 2014.

Notify of
Would love your thoughts, please comment.x