CNN is preparing to lay off hundreds of employees as it embarks on a significant restructuring, which includes a digital pivot and the launch of a new streaming service. The network faces challenges such as declining ratings and aims to refocus its resources to cater to a global digital audience. These job cuts are part of a broader industry trend as cable journalism grapples with changes in viewer behavior. In addition to CNN, NBC is also planning staff reductions as both networks adapt to the evolving media landscape. The layoffs are expected to take effect soon, with reports indicating that substantial job cuts may occur as early as Thursday.