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The man behind the layoffs, CNN's chief executive Mark Thompson, aims to carry out a "digital news first" vision for the network. This move reflects the broader cultural shift away from linear television, as people increasingly consume news and content through online platforms and streaming services.
The median age of CNN's viewers is now 67, highlighting the challenge the network faces in appealing to a younger, more digitally-savvy audience. While the network's veteran journalists like Wolf Blitzer and Jake Tapper have a loyal following, the high salaries of these "stars" have made it difficult for CNN to maintain a sustainable business model.