FTVLive is posting some gloomy rumblings out at CNN…
Zucker has claimed to the folks in Atlanta that he isn’t planning to relocate jobs from ATL to NYC, but that is exactly what is happening.
Most of the editing and producing that was done in Atlanta is now being down in CNN’s New York studios.
One insider says that to make matters worse, Zucker is not a fan of some of the company benefits, including CNN’s tuition reimbursement program. If an employee wants to go back to school the company pays half.
Some think that Zucker will get rid of that benefit soon.
I wrote this the day Zucker was hired as President of CNN Worldwide…
I would not at all be surprised to see Zucker implement some version of NBCU 2.0 across CNN Worldwide. In Zucker’s mind NBCU 2.0 was a necessary step in NBC News’ evolution that just about every NBC News executive will publicly state was a success, albeit perhaps a trying success. And with CNN’s uber redundancy, with more bureaus and news staff than any other news network in the US by far, combined with the network’s years going push of all things digital, Zucker has to be extremely tempted to have at that very low hanging fruit begging to be picked. Streamlining and eliminating redundancy cuts costs and increases the bottom line. So long as its ability to deliver quality news is not damaged, increasing the bottom line makes for a nice bullet point in the face of a sluggish ratings trend.
While what’s been going on at CNN Center would hardly resemble the all encompassing NBCU 2.0, it is clear that Zucker wants to trim costs. He’s now trimming costs by laying off people in Atlanta and hiring them cheaper in New York.