CNN begins layoffs in what CEO says will be a 'gut punch' to the network. People walk by the CNN headquarters on March 15, in Atlanta.
Mandatory Credit:	Anna Moneymaker/Getty Images

CNN begins layoffs in what CEO says will be a 'gut punch' to the network. People walk by the CNN headquarters on March 15, in Atlanta.
Mandatory Credit: Anna Moneymaker/Getty Images

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CNN begins layoffs in what CEO says will be a 'gut punch' to the network

CNN on Wednesday informed employees that layoffs had commenced, a move that is expected to impact hundreds of staffers at the global news network and mark the deepest cuts to the organization in years.