CNN, a subsidiary of Warner Bros Discovery, is reportedly planning to let go of hundreds of workers this week, as it redirects its operations towards a worldwide digital audience. This news was reported by CNBC, leveraging insights from individuals close to the developments.

This workforce reduction comes as CNN restructures its traditional TV programming and strengthens its digital subscription offerings. According to CNBC, this move is aimed at helping CNN decrease production expenses and unify teams.

It is also suggested that some programs currently produced in New York or Washington could be relocated to Atlanta, where costs of production may be more economical.

Alongside CNN, NBC News, under the ownership of Comcast, is also supposedly considering job cuts later this week. While the exact figure is uncertain, the layoffs are expected to be significantly less than 50.

As of the time of reporting, both Comcast and Warner Bros Discovery have not provided any comments in response to the news. The article is valuable to potential investors, providing insights into the ongoing changes and strategies within major media companies.