News

CNN lays off 6% workforce, seeks future stability

CNN lays off 6% of workforce, about 200 jobs, as part of strategy to secure future amid audience shifts.

Published

11 months ago

January 24, 2025

ticker NEWS

CNN lays off 6% of workforce, about 200 jobs, as part of strategy to secure future amid audience shifts.

CNN has announced the elimination of approximately 200 jobs, constituting about 6% of its workforce, in a move aimed at securing the network’s future.

CEO Mark Thompson described the layoffs as a necessary step in response to “irreversible shifts” in news consumption. He stated that the objective is to realign CNN with the platforms and products that audiences increasingly prefer.

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Thompson stressed the importance of high-quality news sources and noted that the changes are essential for maintaining trustworthiness in journalism. While on-air talent will remain unaffected, the network is investing $70 million from its parent company, Warner Bros. Discovery, into new digital plans, leading to future job opportunities.

The network intends to develop a new streaming service, allowing for greater audience access to CNN’s content.

Thompson acknowledged the difficult nature of the layoffs and expressed regret regarding the personal impact on employees.

As CNN continues to adapt to the evolving media landscape, it aims to enhance its digital presence while investing in quality journalism. The recent job cuts are seen as a pivotal moment in this transformation process, despite the acknowledgment of their unwelcome nature.

The network’s ratings challenges have been significant, culminating in its lowest audience in history for 2024. Despite these cuts, CNN is determined to support impacted staff members and maintain its commitment to journalism excellence in the changing environment.

News

Shooting incident at Bondi Beach causes panic and casualties

Gunman dead, multiple casualties in shooting at Sydney’s Bondi Beach during Christmas markets, police urge public to avoid area

Published

1 hour ago

December 14, 2025

Ahron Young

Gunman dead, multiple casualties in shooting at Sydney’s Bondi Beach during Christmas markets, police urge public to avoid area

In Short:
– Police advise against visiting Bondi Beach following a shooting with multiple victims, including an officer.
– One gunman is dead, another in custody, as emergency services attend to the situation.

Police warn against visiting Bondi Beach after a shooting incident involving multiple victims, including a police officer.

One gunman was shot dead, while another is in custody with emergency services attending to the situation. Multiple casualties have been reported, as civilians assist the injured.

Two shooters caught at Bondi Beach. Typical suspects, send all of these filthy fucking animals home. #bondi #shooting pic.twitter.com/S9WGONE0lR

— ConservativeAussie (@ConservativeeAu) December 14, 2025

Panic ensued when gunfire erupted during the busy Bondi Christmas markets. One mother recounted her daughters’ experience as they took shelter after hearing shots.

“They saw the gun and are now hiding in a house,” she said. Her daughter’s message confirmed their safety amid the chaos.

“I never imagined a shooting could happen in Bondi,” the mother remarked, reflecting on her disbelief.

Police are responding to a developing incident at Bondi Beach and are urging the public to avoid the area.

Anyone at the scene should take shelter.

Police are on scene and more information will be provided when it comes to hand. pic.twitter.com/0oNDxplNzx

— NSW Police Force (@nswpolice) December 14, 2025

Videos surfaced depicting the chaos, showing individuals fleeing as shots rang out. A witness reported hearing at least 12 gunshots.

NSW Police have confirmed two arrests shortly after 7:30pm.

The police statement emphasised that the operation is ongoing and urged people to avoid the area.

The arrested individuals were wearing dark clothing and were shooting towards the beach.

A Prime Minister’s spokesman confirmed the officer was aware of an “active security situation”.

Ongoing Investigation

NSW Police urged the public to avoid the area and seek shelter if in proximity to the incident. Ongoing investigations are taking place as authorities assess the situation.

My thoughts and prayers go out to those at the horrific scenes in Sydney this evening.
This is horrific for those injured, killed and traumatised. It is devastating for what we have become.

— Barnaby Joyce (@Barnaby_Joyce) December 14, 2025

A local resident captured the scene from their apartment, confirming the arrest of one suspect and the shooting of another.

The alert from police was posted shortly before 7 PM ADST.

First night of Chanukah

Jewish families gathered near the children’s playground overlooking Bondi Beach to celebrate the first night of Chanukah. The event was hosted by the Chabad Bondi Synagogue and Waverley Council.

A flyer for the 5pm to 9pm event at Bondi Beach park, near the playground, encouraged attendees to join in the celebration. It invited everyone to bring their friends and families and fill Bondi with joy and light.

News

SpaceX IPO could make Elon Musk’s Mars dream a trillion-dollar reality

SpaceX’s upcoming IPO could raise $25 billion and value the company over $1 trillion, igniting investor excitement for Mars missions.

Published

2 days ago

December 12, 2025

Harvey Vargas

SpaceX’s upcoming IPO could raise $25 billion and value the company over $1 trillion, igniting investor excitement for Mars missions.

Investors are buzzing as SpaceX gears up for a potential IPO, aiming to raise more than $25 billion, possibly as soon as June. The offering could value the company at over $1 trillion, fueling Musk’s ambitious plans for Mars and beyond.

Despite the high-risk nature of space ventures, demand from retail investors is expected to be strong. Experts predict this IPO could become historic, with the company’s market value potentially soaring past $2 trillion once it launches.

Musk’s unconventional management style hasn’t slowed investor enthusiasm, even amidst regulatory hurdles. The funds raised could also support groundbreaking innovations, including energy-efficient space data centers.

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#SpaceX #ElonMusk #IPO #MarsMission #Investing #StockMarket #TrillionDollar #SpaceTech

News

Russia shoots down 280+ Ukrainian drones as Zelenskyy pushes new peace plan

Russia claims 280 Ukrainian drones shot down; Zelenskyy finalizes a new peace proposal amid rising tensions and military clashes.

Published

2 days ago

December 12, 2025

Harvey Vargas

Russia claims 280 Ukrainian drones shot down; Zelenskyy finalizes a new peace proposal amid rising tensions and military clashes.

Russia’s Defence Ministry claims it has shot down over 280 Ukrainian drones, with 40 intercepted near Moscow, some targeting the city directly. Emergency services responded to debris, and temporary flight restrictions were enforced at Moscow’s airports amid the attacks.

Meanwhile, President Zelenskyy revealed his team is finalizing a revised 20-point peace proposal, introducing new ideas on territorial control. Ukrainian and American officials are set to consult online, focusing on security guarantees rather than the detailed points of the plan.

As tensions rise, both military clashes and diplomatic efforts continue to shape the future of the conflict. Keep up with the latest updates and expert analysis on these unfolding events.

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#UkraineConflict #RussiaUkraine #Zelenskyy #DroneAttack #PeacePlan #Moscow #WorldNews #TickerUpdates