CNN boss Mark Thompson on Thursday revealed sweeping changes to the network, including 200 layoffs in traditional TV production jobs as the company invests in new digital roles, according to a report.
Global coffeehouse chain Starbucks will cut corporate jobs as new CEO Brian Niccol continues to implement changes to bolster lagging sales and improve profitability.
With President Donald Trump officially back at the White House, CNN has reportedly begun a “transformation” and is planning hundreds of layoffs. Sources at the network told CNBC that the Warner Bros.