The name Cartoon Network brings in a rush of memories every time you hear it. The popular kids channel that is known to his at a wide variety of cartoons is reported on the verge of shutting down. While there is no confirmation on the same yet, a trend of #RIPCaroonNetwork on X has shocked viewers. Some have stated that the channel is all set to shut down soon. The trend went wild on the microblogging site after an account called 'Animation Workers Ignited' posted a video with the message, "Cartoon Network is dead?!" The viral video suggested that massive layoffs in the animation business is the reason for the potential shutting down of the channel.