CNN staffers 'deeply frustrated' as looming budget cuts, layoffs set to impact struggling network [FOX News]
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Source: FOX News
CNN staffers are bracing for impact in the new year as significant budget cuts and layoffs are likely to rock the entire network. "I am overall very sad and deeply frustrated," one longtime CNN staffer told Fox News Digital . "Feelings which are pervasive throughout the organization among those who have been here a long time and feel a deep personal connection to having helped build the organization." The CNN source indicated that the layoffs would be implemented "by March" and that they'll be "very meaningful" to the rank and file at the network. "It's a time of a complete and utter business model overhaul and chaos. Extremely difficult even under the best circumstances," the CNN staffer said. Another CNN employee cited their boss, Mark Thompson, who has been on the job for just over a year and has been outspoken about how the company will have to undergo big changes to survive. "I am worried because the industry is obviously in trouble... I'm sure there will be cuts," the
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