The reality of their collapse is starting to set in at CNN.
A new report from Axios outlines the massive failure that was CNN+. CNN+ was shut down only a month after it launched due to the low subscriber numbers.
It was so bad that even executives at Discovery have mocked it.
The new report also outlines that since CNN+’s collapse morale at CNN is low.
Inside the chaotic collapse of CNN+https://t.co/eQCXfKzpNV
— Trump War Room (@TrumpWarRoom) April 27, 2022
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About 350 of the 700 people that work for CNN+ will be laid off with pay and benefits for the next 90 days. After that, any employee that doesn’t find a new role with the network will be granted at least six months’ severance.
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WarnerMedia has been under a hiring freeze for weeks leading up to the deal. Sources say that the hiring freeze will end this week, allowing CNN+ employees to apply to the roughly 100 open roles at CNN, many on editorial.
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Backend talent, including engineers and designers, will be able to apply for the hundreds of backend roles supporting the streaming efforts at the newly-combined company.
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Morale at CNN is low. A Discovery executive referring to CNN+ as “CNN minus” particularly rubbed people the wrong way, a source told Axios.
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The Palmieri Report is a Pro-America News Outlet founded by Jacob Palmieri. The Palmieri Report is dedicated to giving people the truth so that they can form their own informed political opinions.ÂÂ
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