CNN Faces Massive Layoffs After Ratings Collapse Following Trump Victory

CNN, once a powerhouse in cable news, is now preparing to fire hundreds of employees, including some of its most well-known personalities, after a disastrous ratings drop following President-elect Donald Trump’s 2024 victory. The layoffs, reported by Puck News, mark a significant shift for the struggling network, which has trailed behind both Fox News and MSNBC in viewership.

The firings come after CNN had already cut around 100 employees earlier this year. CEO Mark Thompson, who took over leadership following the departure of Chris Licht, appears to be reorienting the network toward a “digital-first” strategy. This shift will reportedly result in the elimination of roles from CNN’s television-focused staff, whose talents are deemed less essential in the new model.

High-profile anchors like Anderson Cooper, Erin Burnett, and Kaitlan Collins could face significant pay cuts, while others, such as Chris Wallace, have already exited the network. Wallace, who joined CNN in 2021, announced he would transition to podcasting after three years of poor ratings.

CNN’s ratings have been on a steady decline, with election night viewership trailing far behind Fox News. According to data obtained by Mediaite, CNN saw a 40% drop in year-over-year viewership on election night, reflecting broader dissatisfaction with its programming.

Critics argue that CNN’s struggles stem not just from shifting media consumption habits but also from years of what they describe as partisan and misleading reporting. The network gained notoriety for its role in promoting the now-debunked Russia collusion narrative and other controversial stories, which have eroded public trust.

Media analysts suggest that CNN’s layoffs are a response to both financial pressures and changing viewer expectations. As conservative voices gain traction across alternative platforms, legacy media outlets like CNN are being forced to rethink their approach in an increasingly competitive environment.

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