CNN and NBC News to lay off employees, CNBC reports

The job cuts come as CNN looks to rearrange its linear TV lineup and build out digital subscription products, CNBC said, adding that the move will help CNN lower production costs and consolidate teams. NBC News, owned by Comcast, is also planning job cuts later this week, according to the report. Comcast and Warner Bros Discovery did not immediately respond to Reuters requests for comment on the report.