According to a report from The Daily Mail, CNN is preparing to fire hundreds of staff members — including some of its top talent — in a round of post-election layoffs.
High-paid personalities like Jake Tapper and Wolf Blitzer were reportedly recently denied raises, signaling that cutbacks are incoming.
From The Daily Mail:

Insiders told Puck the new round of firings will likely see on-air talent like them affected, as the network’s new CEO looks to free up finances amid waning ratings.

“In the next few months, I’m told, CNN will implement another round of layoffs that will impact hundreds of employees across the organization,” reporter Dylan Byers wrote Friday, referencing CNN’s recent 100-person layoff seen over the summer.
The fresh round of firings, the insiders said, will be more geared toward the production side of things.
As a result, reporters and correspondents will be required to cover their slack, they said – describing how on-air workers will be ‘asked to assume more of the responsibilities once handled by teams of producers and production assistants.’
Byers wrote: “Redundant assignments will be nixed, and various divisions will be reduced or even eliminated.”
“Some of the on-air talent are also likely to be affected,” he went on to reveal.
Sources who spoke to the reporter, who worked at CNN for three years before founding Puck, added how the looming layoffs are part of an overarching plan – one that puts a premium on the station’s digital platforms.