CNN Leaving Iconic Hollywood Building, as Network Desperate to Cut Costs, Downgrades to Less Glamorous Burbank Building
(Source: DC Enquirer)
Failing CNN Fake news…
CNN confirmed plans to relocate its Los Angeles Bureau located in Hollywood in an announcement from CNN Chairman and CEO Chris Licht at an employee Townhall Tuesday.
CNN confirmed plans to relocate its Los Angeles Bureau located in Hollywood in an announcement from CNN Chairman and CEO Chris Licht at an employee Townhall Tuesday.
The townhall was held following the announcement of widespread layoffs by the Cable News Network and reported by Puck, which referred to the layoffs and cost-cutting measures at CNN as “The CNN Green Room Massacre,” a CNN spokesman later confirmed the move according to Deadline. Licht called the layoffs, a “gut punch,” according to The Wrap.
