(Summit News) CNN announced yet more job layoffs as boss Jeff Zucker revealed the network is losing $10 million dollars a year.
When rumors of mass layoffs at CNN emerged weeks ago, network host Brian Stelter denied the story was accurate.
However, last week the majority of CNN’s Atlanta division, which focused on health care, was let go.
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Now it is being reported that the network will make “substantial” cuts to its London-based operation, with a least a dozen employees losing their jobs.
The announcement was made by CNN boss Jeff Tucker at a meeting in central London earlier today.