NEW YORK — CBS News President Ingrid Ciprian-Matthews announced her resignation on Wednesday, less than a year into her role. In a related move, CNN revealed plans to cut approximately 100 jobs, reflecting ongoing changes in the media industry.
Ciprian-Matthews will serve as an adviser until the presidential election before departing from CBS News. She assumed the role of CBS News president in August of last year.
Her decision to step down follows Paramount Global’s recent announcement of selling control to entertainment company Skydance, a move expected to lead to job reductions at CBS.
The role of a broadcast network news president, once considered one of the most influential positions in journalism, is now transitioning to a secondary role overseen by a corporate-appointed manager. At CBS, Ciprian-Matthews reported to Wendy McMahon, president and CEO of CBS News and Stations.
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CNN announced plans to introduce its first digital subscriptions by the end of the year as part of the news network’s efforts to reshape its business. This was outlined in a memo to staff by CNN CEO Mark Thompson.
Thompson mentioned that the 100 job cuts come from a workforce of around 3,500 people. He stated that open positions were eliminated wherever possible to minimize overall layoffs.
Media organizations, including CNN, have been facing challenges in growing audiences and revenue, leading them to diversify their offerings to customers.
Thompson emphasized the importance of a “ambitious” digital strategy for CNN to attract audiences and generate revenue needed to sustain its journalistic integrity and succeed as a business.
The executive also highlighted CNN’s plans to develop subscription-ready products that provide news, analysis, and context in innovative formats. The focus will be on increasing user engagement on CNN.com and encouraging return visits.
