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CNN prepares for dozens of layoffs

CNN appears to be re-thinking at least some elements of its digital strategy. CNN, a key property in AT&T’s planned takeover of CNN’s parent company, Time Warner, is reportedly

targeting big savings on the digital side, with as many as 50 jobs around the globe scheduled to be eliminated this week, according to people familiar with the matter, who noted the exact number could still be in flux. The cuts will affect employees who work in premium businesses including CNN Money, video, product, tech and social publishing, these people said.

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