CNN plans to lay off hundreds of employees, cut costs as NBC plots firings

CNN, a unit of Warner Bros Discovery, plans to lay off hundreds of employees on Thursday, as it refocuses the business around a global digital audience, CNBC reported Wednesday, citing people familiar with the matter.The job cuts come as CNN looks to rearrange its linear TV lineup and building out digital subscription products, CNBC said, adding that it will help CNN lower production costs and consolidate teams.Some shows produced in New York or Washington may move to Atlanta, where production can be done m ...