Evercore ISI senior managing director Mark Mahaney reveals which stocks could outperform if the US economy is hit with a recession on 'Varney & Co.'during a brutal period that saw Warner Bros. Discovery, Gannett and others slash headcount as economic uncertainty plagues news organizations.
Warner Bros. Discovery’s CNN is perhaps the highest profile, as widespread layoffs resulted in everyone from high-profile talent to rank-and-file staffers losing their jobs. CNN has not publicly disclosed the total number of employees who were let go, but "hundreds" of staffers will ultimately be affected, according to Puck News.
Licht, who took over CNN after the ousting of Jeff Zucker, was reportedly tasked by boss David Zaslav earlier this year with making a further $100 million in cuts as part of a broader Warner Bros. Discovery budget-slicing effort.
If they'd stop lying people could appreciate them. Americans and people worldwide should demand liberalism, gender speak, and racial mongering be removed from politics and especially from our Democratic party.
Love it. No big loss.
Not even liberals watch that garbage. Woke=Broke.
I don't watch any of tv news channels anymore. Unnecessary, we have Tweeter everything we need to know on one place. Tweeter rocks 💪
Bummer!
Low ratings equals smaller budget. They only have themselves to blame.
CNN is WORTHLESS, there's Twitter now, kinda like TMZ NEWS with substantial facts ...and you get called out on your lies and BS Gossip.
More coming as the American people are tired of the lies and deception
Wokey Brokey
Go Woke, Go Broke. LGB
I hope every stupid fake news media goes out of business...I'd love to see some of these lying employees serving food at a restaurant somewhere....cause they sure don't know how to be honest media...
Great Jobs report this week. Of course you won’t report that
How many people do you need to report Democrat talking points?
Hope the rest of MSM are paying attention
Great news that the fake news journalists lose jobs.
Attention Doordash and uber drivers?
They already cut their “integrity department” 2 years ago
Good, their all corrupt criminals!
Only the beginning, as they revert to providing news not their opinions.
You call them major media outlets, I call them:
Only opionist, not reporters. They have none.
Congress needs to look into these layoffs, they all need to be regulated more. I am sure Elizabeth Warren could do a better job.