CNN panelists descended into a shouting match Monday night as senior political commentator Scott Jennings defended tech mogul Elon Musk

With new layoffs, declining ratings and a hefty judgment in a defamation lawsuit, things look somber at CNN, even as America’s first 24-hour news network seeks to reverse its fortunes by reshuffling the deck — or rearranging the deck chairs, as the network’s critics might prefer to say. Anchor Jim Acosta is on his way out, among others.