CNN 'will axe top stars in layoffs that'll see hundreds fired as ratings continue to tank'

CNN is set to nix some of its top talent in a round of post-election layoffs, according to a new report based on insider insight

The rumblings, first reported by Puck News, come as stars like Anderson Cooper continue to take home salaries of $20million despite waning ratings

The architect of the layoffs is CEO Mark Thompson, who was hired late last summer to right a sinking ship following the failures of predecessor Chris Licht

The news also comes as veteran anchors Jake Tapper and Wolf Blitzer were reportedly recently denied raises - after already raking in salaries of $3million and $7million, respectively

Veteran news anchor Chris Wallace announced Monday he will be leaving CNN after several years - and after making an $8.5million salary. Insiders previously said they were pondering a pay-cut for the 77-year-old

'Hundreds' will be laid off as a result, insiders said - speaking to a former CNN staffer. Pictured, CNN's headquarters at Hudson Yards in Manhattan 

Leave a Comment