CNN refuses to deny report that there will be job cuts as soon as May at CNN+ due to low subscriptions just a day after the streaming service launched

CNN officials did not deny that possible layoffs were in store in the near future following the launch of its new CNN+ streaming services
A Fox Business Network reporter claimed the company was bracing for job cuts because CNN+, which launched on Tuesday, was already failing
The $120 million venture features daily news programming, original series, true crime shows and food and travel docuseries
CNN had snagged big names like Fox News’ Chris Wallace, MSNBC’s Kasie Hunt, and actress Eva Longoria to host new shows on the platform
Media streaming experts say CNN+ will need to attract between 500,000 to 1 million subscribers within its first year to claim success