KEY POINTS
  • Cable news network RT America, the English-language sister network to Russian news network RT, is immediately halting operations, according to a memo received by CNBC.
  • More than 100 employees were notified Thursday that they will be laid off, one of the people said.
  • A company memo said their employment will end on May 3, according to a source.
Russian President Vladimir Putin chairs a meeting with members of the Security Council via a video link at the Novo-Ogaryovo state residence outside Moscow, Russia March 3, 2022.

The U.S. cable news network RT America informed its employees that it's halting operations immediately and laying off almost all staff, according to a memo obtained by CNBC.

RT America is an English-language sister network of RT, the Russian state-owned news channel. It's operated by Russia-backed T&R Productions, which sent a memo Thursday to more than 100 employees informing them their employment will end on May 3, according to a person familiar with the matter.