(Reuters) -CNN, a unit of Warner Bros. Discovery, plans to lay off hundreds of employees on Thursday as the company refocuses on a global digital audience, CNBC reported on Wednesday, citing people familiar with the matter.
The job cuts come as CNN looks to realign its linear TV offerings and build out digital subscription products, CNBC said, adding that the move will help CNN reduce production costs and consolidate teams.
Some shows produced in New York or Washington may move to Atlanta, where production can be done more cheaply, the report said.
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According to the report, Comcast-owned NBC News is also planning job cuts later this week. Although there is no exact number, the layoffs will be well under 50.
Comcast and Warner Bros Discovery did not immediately respond to Reuters requests for comment on the report.
The Washington Post, owned by Amazon.com founder Jeff Bezos, said earlier this month it would lay off about 4% of its workforce, or fewer than 100 employees, in an effort to cut costs as the storied newspaper struggles with mounting losses .
In November, the Associated Press said it would cut about 8% of its workforce as it looks to modernize its operations and products.
(Reporting by Juby Anna Babu in Mexico City; Editing by Shailesh Kuber)
