CNN says roughly 100 employees have accepted voluntary buyouts a month after an overhaul by parent company AT&T.
CNN’s chief media correspondent Brian Stelter, also confirmed the rumor, via social media.
The cuts come on the heels of devastating April ratings for CNN, with the lowest number of total viewers in five years.
The network’s prime-time lineup plummeted 26 percent in April compared to the same month last year.
CNN’s total audience in prime time was a pathetic 767,000. Compare that to Fox News, with 2.395 million viewers and third-place MSNBC with 1.660 million.