CNN is announcing layoffs as part of a further shift to digital business

CNN is expected to lay off about 200 of its employees, or 6% of its workforce, in part of a shift toward a more digital-oriented future. The network's CEO, Mark Thompson, outlined some of those plans in a memo to staff members on Thursday. One goal is a way for digital subscribers to access television-like streaming of news from any device. CNN's television ratings have struggled with consumer cord-cutting, and have had a particularly tough stretch since President Trump's election. Thompson said his objective is to switch CNN's gravity toward the platforms that audiences are already moving toward.