Report: CNN Will Lay Off ‘Hundreds' In Post-Election Cost-Cutting
1. CNN plans major layoffs to reduce costs amid declining cable news viewership. 2. Move production from New York and Washington to Atlanta for cost efficiency. 3. Despite layoffs, CNN's popular anchors are safe, focusing cuts on production crews. 4. CNN's performance in the key demographic worsened despite the election year. 5. Industry-wide job cuts indicate broader challenges in media consumer habits.