The Ellison family is already reported to have discussed changes to the network with President Donald Trump, who is known for his attacks on CNN. In December, he called for the channel to be sold, saying its leaders were either "corrupt or incompetent".
The business plan comes with:
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Block’s layoffs mark one of the most significant and bold AI-driven workforce reductions yet in S&P 500 history.
"It makes you feel a better person," he says.