Fake News: CNN to Lay Off Staff Following Multi-Million Dollar Defamation Loss

Are the fake news media kicking the bucket? The latest layoffs on CNN and NBC News suggest this is exactly what’s happening.

CNN plans to fire hundreds of employees on Thursday to lower costs amid tanking viewership, CNBC reported Wednesday.

The shocking layoffs come less than a week after CNN settled a multimillion-dollar defamation lawsuit filed by U.S. veteran Zachary Young. Young filed the lawsuit after CNN falsely accused him of unethically profiting from Afghanistan evacuations.

CNN sources claim the layoffs are part of the network’s restructuring to focus on global digital audiences.

While some of the high-profile anchors may not be affected by the layoffs, they could be ordered to relocate to Atlanta, Georgia to lower costs. CNN currently broadcasts from Manhattan and D.C. […]

— Read More: headlineusa.com