CNN Faces Major Restructuring – Staff Cuts Announced by Chip Licht
On Wednesday, November 30, former CNN chief Chris Licht dropped the big news in an all‑staff memo: the network is cutting jobs. Reuters caught the message and is sharing what we’ve learned.
When and Who Gets the Notice
Licht explained that a limited group—mostly paid contributors—would receive their notifications this Wednesday. Remaining staff would get the details the following Thursday.
He promised a follow‑up in the afternoon, adding, “I know these changes affect both our departing colleagues and those who stay, but we’ve got the resources to help you through this.”
Why the Crunch?
The layoffs are no surprise. Over the past months, the industry has been tightening budgets and trimming headcounts in anticipation of a downturn. Licht had already warned last month that CNN would be “undergoing changes” because of a “widespread concern over the global economic outlook.” He said it would touch people, budgets, and projects.
Industry Trends: Other Companies Cut Staff
It’s not just CNN. AMC Networks announced a 20% cut in its U.S. staff to navigate market pressures and a sluggish economy. Even fashion giants like H&M are trimming teams, revealing a broader pattern of cost‑saving moves across the business world.
What’s Next?
Licht plans to roll out the details on Thursday—expect updates on timelines, severance packages, and support resources for those affected. The newsroom will keep the lines open, and staff cheerfully (and privately) hope for a smooth transition.
