CNN's Big Change: Layoffs and a Digital Push

CNN is shaking things up. It's letting go of about 200 people, which is about 6% of its workforce. But there's a silver lining. The network is pouring $70 million into its digital future. They're planning a new streaming service and want to grow their digital business. This is a big deal because people are changing how they get their news.CEO Mark Thompson is trying to keep CNN relevant. The network wants to offer more online subscription options. They'll focus on important news and fun lifestyle content. They're also tweaking their TV schedule to adapt to how people watch TV these days. Even with job losses, CNN is hoping these changes will keep them as a top news source. It's interesting to think about how news consumption is changing. More people are getting news online instead of watching TV. This is why CNN is focusing on digital growth. It's a smart move to stay ahead in the game. But it's also sad to see people losing their jobs. It's a tough balance to strike.