CEO Chris Licht had to speak to employees during a tense company town hall on Tuesday as the network faces layoffs by early December after he was tasked with finding ways to cut costs. Licht, 51, addressed questions surrounding the cuts after he previously indicated during the summer that CNN would not face any need to fire staff. At the town hall, Licht was unapologetic about his earlier indication that there wouldn't be layoffs, but added that he felt he was being honest at the time.
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