CNN announces layoffs of 6% of its workforce amid major changes

CNN is laying off around 6% of its workforce as it institutes sweeping new changes to the 45-year-old news network.

Speaking yesterday, CNN CEO Mark Thompson says the layoffs mean about 200 jobs will be lost.

He says the media entity will soon unveil a new streaming service, a redesigned digital footprint, and new subscriber services, as well as the new show lineup.