Small plane crashes in Austrian Alps, killing all four aboard
A small propeller plane crashed in the Austrian Alps on Saturday, killing all four people on board, authorities said....
CNN to lay off hundreds as it shifts focus to digital growth, streamlines operations, and revamps programming amid industry-wide cost-cutting trends.
CNN, a division of Warner Bros. Discovery, is preparing to lay off hundreds of employees on Thursday as part of a strategic focus on expanding its global digital audience, according to CNBC sources.
The layoffs are part of broader plans to revamp CNN’s traditional TV programming and grow its digital subscription services. To cut costs and improve efficiency, some programs currently produced in New York and Washington may be relocated to Atlanta, where production is more cost-effective.
Similarly, NBC News, owned by Comcast, plans to reduce its workforce by fewer than 50 employees later this week and has previously announced intentions to separate its MSNBC and CNBC channels.
These changes are reflective of a wider industry trend, as media companies shift their focus to digital platforms in response to evolving consumer preferences.
Earlier in January, The Washington Post, owned by Amazon founder Jeff Bezos, announced it would reduce its workforce by around 4% to address financial difficulties. Similarly, the Associated Press revealed in November that it would cut approximately 8% of its staff as part of efforts to modernize its operations.
CNN CEO Mark Thompson has emphasized the importance of maintaining neutrality in reporting. He has advised on-air personalities to refrain from expressing personal outrage or making judgments about political figures, including President Donald Trump during his second term.
Trump, meanwhile, has threatened legal action against news organizations he perceives as biased against his administration.
Thompson’s approach signals a departure from CNN’s previous strategies and reflects its commitment to appealing to a broader and more diverse global audience.
As the media industry continues to evolve, CNN and NBC News are implementing these measures to strengthen their positions in an increasingly digital landscape.
A magnitude 5.5 earthquake struck off Japan’s Tokara Islands on Wednesday, with no tsunami warning issued but residents advised to remain vigilant.
The United States has rescinded licensing restrictions on ethane exports to China, allowing shipments to resume after a temporary halt and signalling progress in efforts to ease recent trade tensions.
Italy plans to grant approximately 500,000 work visas to non-EU nationals between 2026 and 2028, as announced in a cabinet statement. The initiative aims to address labor shortages by expanding legal immigration pathways
Following a deadly glacier collapse in Blatten, near the Swiss Alpine village of Kandersteg, the town is on high alert as melting permafrost and shifting rock threaten another potential disaster after it was buried a month ago.
A malfunction in the radar transmission system at the Area Control Center in Milan suspended more than 300 flights at the weekend, across northwest Italy since Saturday evening according to Italy's air traffic controller Enav (National Agency for Flight Assistance).
Microsoft is closing its direct operations in Pakistan after 25 years, shifting to a partner-led model to serve the market.
The European Union will drastically reduce imports of Ukrainian wheat and sugar, by up to 80%—to protect its farmers, a move expected to shift Ukraine's exports toward Asia and Africa.
The Bank of England has launched a public consultation on future banknote designs.
Unexpected weakness in Germany's manufacturing orders in May signals ongoing uncertainty in industrial demand, despite a yearly rise and sector-specific gains.
Oil futures fell on Friday after Iran reaffirmed its commitment to nuclear non-proliferation and amid expectations that major producers are set to agree to raise their output this weekend.
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