Job cuts expected at CNN's Web operations

Job cuts expected at CNN's Web operations

Summary: Looks like more bad news for the dot-com sector

SHARE:
TOPICS: Networking
0

CNN News Group, part of Time Warner, is expected to announce significant job cuts, possibly as early as next week, from its Internet and TV operations.

The losses were announced in an email sent to employees last December, warning of "aggressive changes" amid a unit-wide evaluation of all CNN's 4,000 employees, according to Thursday's Wall Street Journal.

Up to 1,000 jobs could be lost, although it is understood that some positions could be eliminated through natural wastage and internal reorganisation. It is not clear precisely when the cuts will begin.

Insiders believe the reorganisation is an attempt to combine CNN's news resources into one operation. As well as its CNN news TV channel, the company also runs several other channels and Web sites -- and may be hoping provide more in-house content for its Web site.

See techTrader for the latest technology investment news, plus quotes and research.

Have your say instantly, and see what others have said. Click on the TalkBack button and go to the ZDNet News forum.

Let the editors know what you think in the Mailroom. And read other letters.

Topic: Networking

Kick off your day with ZDNet's daily email newsletter. It's the freshest tech news and opinion, served hot. Get it.

Talkback

0 comments
Log in or register to start the discussion