CNN is preparing to lay off hundreds of employees this week in an effort to enhance its digital audience, according to reports.
The redundancies, expected to be announced Thursday, aim to reduce production costs and shift the network's strategy toward developing digital subscription products.
Facing challenges in growing audiences and revenue due to a decline in cable news viewership, CNN—employing around 3,500 staff—joins other media organizations in seeking to diversify its offerings.
Some programming produced in New York or Washington, D.C., may be relocated to Atlanta as part of cost-saving measures, CNBC reported, citing sources.
The job cuts are not expected to affect CNN’s most prominent on-air names.
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