CNN.com Live will change its name and cut the number of hours it streams live video online, WebNewser has been told.

The name change will come on Oct. 24, when the CNN.com site relaunches, according to our source. While it has been decided that CNN.com will be rechristened "CNN," the new name for CNN.com Live has not been determined.

Currently CNN.com Live streams live anchored news from 9 a.m. to 7 p.m. These hours will be reduced, "perhaps significantly," our source said, adding that while "no layoffs are planned, job titles and duties will change for many."

CNN.com Live staffers were informed of the changes Tuesday at a meeting that generated "significant angst" and "more questions than answers," our source reported.

CNN spokesperson Jennifer Martin declined to comment. CNN is owned by TimeWarner.