CNN’s new boss speaks out… Big cuts are on the way…

  • CNN CEO Chris Licht talked to CNBC about why he took the job, why he thinks some coverage of him has been “painfully inaccurate,” and how he’s hoping to restore a brand he says has been tarnished.
  • Licht is in the process of “right-sizing” CNN, part of a broader effort to eliminate more than 1,000 jobs at parent company Warner Bros. Discovery before the end of the year, sources said.
  • Licht finished a broad, six-month business review last week, sources said.
  • Licht and his staff are aware of the nervousness among an employee base that’s been through several traumatic events in the past 18 months.

https://www.cnbc.com/2022/10/26/cnn-chief-chris-licht-business-review-job-cuts.html

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