If you ever actually tune in to CNN, you would never know anything is wrong at the far left, anti-Trump network. Their hosts act like they are the most important voices in the world.
The truth however, is that they are not in great shape. They just dumped over 100 employees through buyouts. That’s shorthand for layoffs.
FOX News reports:
Ratings-challenged CNN sheds staff as network moves into lavish new digs
Struggling CNN is reducing headcount as the network moves into a luxurious new headquarters, leaving some staffers worried in the process.
Over 100 CNN employees have already decided to accept a voluntary buyout option, with CNN International executive vice president Tony Maddox among the staffers departing the ratings-challenged network after 21 years at the company.
CNN confirmed the buyouts after rumors began circulating that there would be mass layoffs at the network.
“There are no mass layoffs at CNN. I have no idea where that crazy rumor came from. We have recently offered a voluntary buyout option for employees, and just over 100 people voluntarily decided to take it. That’s it,” executive vice president Allison Gollust told Fox News. “We have nearly 4,000 people at CNN… and around 100 of them exercised the option for a program that was offered. That’s it. Those are the facts.”
CNN’s Brian Stelter tried to spin this on Twitter:
There's a rumor making the rounds today about big impending layoffs at CNN. A CNN spokeswoman is knocking it down on the record: "No layoffs." There WERE voluntary buyouts throughout the organization, and about 100 people opted for it.
— Brian Stelter (@brianstelter) May 6, 2019
Check out some of the responses:
Those are layoffs, with incentive. Thanks for the spin though. We know spin.
— Teri Carter (@teri_atthepaper) May 6, 2019
OK. We got it.
No layoffs because enough people accepted buyouts.
Nothing to see here, folks. Just move on…https://t.co/CQ3FqUh14R
— Conservative in Marin (@JNOV57) May 7, 2019
Layoffs vs buyouts.
A distinction without a difference.
— Fred Flickinger (@Flickfred) May 6, 2019
Hey Bri.. they usually don’t tell the people ahead of time, especially the ones they are laying off. Might wanna tidy up the ol’ resume.
— RJGeezer (@RJGeezer) May 6, 2019
Could it be because @CNN is down 26% in ratings, being sued by a high school student for $275 million dollars and because they fell in love with Michal Avenatti and had him on over 80 times? 🤔
— Chip Anderson (@chopperchip11) May 7, 2019
That last response makes an excellent point.