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Can media company spinoffs of brands like CNN and CNBC be good for investors? Here’s what history tells us.
Recent corporate media spinoffs have been a mixed bag, with many failing due to the way they were set up, Wall Street ...
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CNN Layoffs to Impact Hundreds of Staffers as Soon as Thursday | Report
CNN is expected to announce a significant reduction in staff as early as Thursday according to reports by CNBC. The layoffs come as the news organization plots a new course for the future through ...
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CNN announces about 200 layoffs as it attempts to modernize business
obtained by CNBC. "The process of change is essential if we're to thrive in the future, but I both acknowledge and regret its very real human consequences." The layoffs come as CNN is rearranging ...
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CNN plans to lay off hundreds of employees, cut costs; NBC plots firings
CNN boss Mark Thompson reportedly plans to announce mass layoffs Thursday — just days ... the business around a global digital audience, CNBC reported Wednesday, citing people familiar with ...
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CNN Reportedly Set to Lay Off Hundreds Of Employees As Trump-Era Restructuring Begins
According to CNBC, sources at the network said the layoffs with help CNN lower production costs and consolidate essential teams. Moreover, CNN plans to completely restructure its TV lineup and ...
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Media executive's apocalyptic prediction for CNN as insiders reveal poisonous new issues at ailing network
I see no future for it,' the source said, a day after insiders told CNBC that CNN could soon spearhead ... he told the Times following January's layoffs, which came after three poor years for ...