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CNN to cut 200 jobs amid restructuring, new digital investments

Axios · last updated

CNN CEO Mark Thompson on Thursday announced sweeping cuts impacting around 6% of the company’s workforce.

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Related Knowledge Center: State of the business model

State of Play

The traditional journalism business model has long since collapsed, and news organizations have shrunk or disappeared entirely. While a number of promising experiments are under way, the public has not shown a willingness to buy what news organizations are selling.

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