Nancy Dubac News Today

Media giant CNN has finally informed employees about layoffs, and the company started notify individuals and paid contributors that they have been let go.The move is expected to impact hundreds of staffers at the global news network and mark ...

The last major cuts to occur at the CNN were in 2018 when less than 50 people lost their jobs as the company restructured its digital business.

According to Axios, more than 3,000 jobs have been cut till October this year in the media industry, and more are on the way.

Vice Media CEO Nancy Dubac told staff it plans to cut costs by "up to 15 per cent" after smaller cuts earlier this month. According to experts, the newspaper industry is facing higher distribution and labour costs in the wake of the pandemic. �� Layoffs Season: Job Cuts Hit Media and Entertainment Industry Worldwide Amid Economic Slowdown.

Amid the Big Tech layoff season, the media and entertainment industry worldwide has also been hit with job cuts as advertisers reduce spending amid the global economic slowdown.According to Axios, more than 3,000 jobs have been cut till October ...

Mass layoff season enters media and entertainment industry globally, 3000 job losses occurred this year, more to come.