REPORT: ESPN to lay off 200-300 employees

[marmar]

ESPN is planning to lay off close to 300 employees in the coming months, Jason McIntyre of The Big Lead reported Tuesday.

These will be the first layoffs at the Worldwide Leader since 2013, and, as McIntyre notes, they are not likely to be the last.

Disney, ESPN's parent company, has reportedly asked ESPN to trim $100 million of their budget in 2016 and $250 million in 2017 in preparation for a massive NBA TV deal. The upcoming layoffs will reportedly save ESPN $30-40 million annually .................(more)

http://www.businessinsider.com/more-espn-layoffs-2015-9

[joeybee12]

1. I'm all for this is IF it gets rid of some of their on-air blowhard know-nothing

"experts."

[Auggie]

2. +1

[KamaAina]

3. I have a few suggestions.

[bluedigger]

4. That's a lot of middle class jobs.

I'd feel better if I thought the NBA was going to see a similar spike in employment, but I don't think that is how this works.

[joeybee12]

5. Nope, the blowhards will stay...the worker bees will be let go...nt