from ZeroHedge:

In June of this year, new CNN boss Chris Licht claimed that “no layoffs” for the company were pending, specifically noting:

“As it relates to CNN, there are no layoffs per se…A layoff is a downsizing, where you are given a target, and that is not happening at CNN.”

This was after the embarrassing cancellation of the CNN+ streaming service following a massive shortfall in expected audience numbers, and right before the company dropped Brian Stelter from the roster along with his failed show.  It seems that Licht has changed his mind, or had his mind changed for him as he announced layoffs are on the way starting as soon as this December in a town hall meeting for employees.  The meeting followed a memo Licht released to employees at the end of October in which he outlined the seriousness of the situation: