CNN is set to unleash a flurry of cost-cutting measures while enforcing new rules to curb staffers’ lavish spending.

Starting July 1, employees will need to submit receipts with their expense reports, a standard accounting practice not previously required of them, Status reported.

The edict comes as beleaguered staff continue to reel from last week’s news that the network will be cast off to an entirely different company with the rest of Warner Bros. Discovery’s declining cable assets.

Employees are also set to face salary cuts amid rumors of a possible sale of CNN.    

More than half a dozen staff members told Status that anxiety is rife at the network.

The incoming CEO of the soon-to-be spin-off, Gunnar Wiedenfels, is fueling the unease.

Staff who already  survived the cuts imposed by Warner Bros’ Discovery CEO David Zaslav predicted even more bitter times ahead. 

Anchors raking in millions of dollars per year have targets on their backs, thanks to competitors matching and even surpassing their ratings at a fraction of the cost, Status reported.

Correspondents who collect hundreds of thousands of dollars annually – but who go days and even weeks without appearing on air – are also set to see their salaries trimmed.

CNN and new boss Gunnar Wiedenfels are set to unleash a flurry of cost-cutting measures while enforcing new rules to curb staffers’ lavish spending 

CNN staff reacted nervously to being relegated to what’s being billed as the ‘Sh*t Co.’ wing of Warner Bros. Discovery, after the company once known for its perks revealed it would be casting off its declining cable assets to a new company. Pictured, CNN’s Georgia HQ

Staffers reacted nervously to being relegated to what’s being billed as the ‘Sh*t Co.’ wing of WBD, a television giant once known for its perks. 

‘Everyone is wary and tired and there is so much change that we don’t understand what direction the company is going in,’ one ‘prominent network journalist’ told Status.

The ‘rank and file are nervous like the pre-cuts time’ and have ‘no confidence and no trust’ in leadership, added another. 

‘There are people who think CNN won’t exist at some point,’ a third admitted. 

‘Hard to believe that will happen, but there are people who feel that way.’

Their unease comes as WBD CFO Wiedenfels, 47, sent out a staff memo with the subject line ‘Excitement for the Future,’ in which he talked up CNN and pledged his ‘full support’ to the network, Status reported.

Wiedenfels also vowed CNN would ‘continue to operate with full editorial independence.’

Last week, WBD revealed that the new spin-off, Global Networks, would be led by Wiedenfels.

He and Zaslav have invested $100 million in CNN’s future as a streaming product, including the re-hiring of several of the original executives laid off from CNN+, its first failed streaming venture.

WBD CEO David ‘Zaslav killed this place. He killed it,’ a source previously said. ‘The last few years under Zas has been a disaster in terms of what he has done’

CNN mainstays like Anderson Cooper continue to collect eight-figure salaries

The split will seed Warner Bros. Pictures, HBO, and Max will stay with WBD and are expected to fuel growth. CNN, HGTV, TBS, TNT, the Food Network and other struggling cable channels will go to the new company

In his memo to staffers, Wiedenfels said those investments remain ‘a critical priority.’

Wiedenfels and Zaslav have managed to strip some $21 billion of the entertainment company’s once $55 billion debt after years of outsized spending.

The media giant recently disclosed that nearly 60 percent of its shareholders voted to reject the pay packages for Zaslav and Wiedenfels, and after Zaslav saw his compensation swell by nearly five percent from 2023 to 2024. 

Shareholders were reportedly not satisfied with the conglomerate’s share price, which was down 7 percent year to date at the time.

As of Friday morning, shares were 1 percent higher than they were a year ago, after a noticeable surge since the split announcement.  

The announcement revealed Warner Bros. Pictures, HBO, and Max will stay with WBD and are expected to fuel growth.

CNN, HGTV, TBS, TNT, the Food Network and other struggling cable channels will go to the new company.

Meanwhile, CNN mainstays like Anderson Cooper and Jake Tapper continue to collect eight-figure salaries.

The Daily Mail has reached out to CNN for comment.