By John Glenday

CNN is poised to lay off at least a dozen London-based employees after revealing annual losses of £8m to staff at a town hall meeting last night, chaired by president Jeff Zucker.

According to The Guardian, the decision caught many off guard with Zucker flying to London to deliver the decision in person.

As a result, the volume of London-produced material broadcast on CNN International will be reduced by 90 minutes per day, to be replaced by simulcasts taken from the home CNN network in the US as well as more repeats and material sourced from its Read full story ›

Source: The Drum