E.W. Scripps CEO Briefs Wall Street On Major Layoffs, Touts AI “Revolution” In Local TV News

E.W. Scripps CEO Adam Symson briefed Wall Street analysts Friday on the company’s “transformation plan,” which has entailed cutting 12% of its total workforce amid an embrace of AI. The layoffs, mostly at the company’s local TV stations, come as the company adopts a 24-hour streaming news model enabled by artificial intelligence. Symson rose through…