CNN Opinion Team Layoffs

SOURCE www.themediamix.co
CNN's Opinion team was let go as part of a wider cost-cutting measure announced by CEO Mark Thompson. The move comes almost a year after Thompson took charge following the term of his predecessor Chris Licht.

Key Points

  • CEO Mark Thompson announced cost-cutting measures at CNN, leading to the layoff of the Opinion team
  • Thompson is reviving subscription products as part of a broader restructuring of CNN's content output
  • Section's senior editor, Sheena McKenzie, was among the staff let go
  • CNN is shifting towards using more video content over text-based content

Pros

  • Cost-cutting measures may help CNN address financial challenges
  • Revising subscription products could lead to new revenue streams

Cons

  • Loss of experienced contributors and editors
  • Potential impact on the quality and diversity of opinion content on CNN