CNN’s Brian Stelter denies rumors that layoffs are imminent.

More Fake News from CNN? Stay tuned.

Oh wait, better turn to Fox News ūüôā

Via PJ Media.

CNN is planning to cut up to 300 jobs, “many being older employees with years at the network,” according to a report on Monday.

According to FTVLive, a website that monitors the television industry, “Word is that just under 200 people will be pink slipped and just over 100 will be offered a buyout.” Staffers are reportedly calling the cuts a “massive brain drain” because so many veteran employees are being given pink slips….

Aidan McLaughlin, an editor for Mediaite, tweeted that, according to a CNN source, the cable network is not making layoffs, but “more than 100 staffers took part in a voluntary buyout program”….

CNN host Brian Stelter also knocked down rumors that layoffs were in the works….

CNN Drops 26% In Prime Time As Fox News Dominates April Cable Ratings

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3 Comments | Leave a comment
  1. Vintageport says:

    So no re-distribution of wealth from the upper 1% at CNN in order for the middle class employees to keep their jobs at CNN? Hmmm…what of all that talk about compassion, empathy, socialism? Of course I speak rhetorically.

  2. Alain41 says:

    AT&T, which owns CNN, had its annual stockholders meeting on April 26. Its Chairman said after purchase of Time-Warner, it would now start implementing its strategy.

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