Media personality Mark Simone predicts significant layoffs at CNN following Skydance's acquisition of Warner Bros. Discovery. Skydance is reportedly aiming to cut $6 billion in costs due to substantial debt from the purchase. The company faces $87 billion in gross debt with only $10 billion in cash. These financial pressures are expected to lead to workforce reductions across its media properties. CNN, in particular, is cited as a potential target for cutbacks.
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https://barrettmedia.com/2026/11/10/mark-simone-cnn-major-layoffs-skydance/