TMC
03-31-2023, 04:57 AM
https://nypost.com/2023/03/20/espn-layoffs-are-coming-and-nearly-everyone-is-vulnerable/?utm_source=Poynter+Institute&utm_campaign=a191afc2ce-03212023+-+The+Poynter+Report&utm_medium=email&utm_term=0_26742a15dc-a191afc2ce-390905140
ESPN’s latest round of layoffs will have “no sacred cows,” meaning everybody from top on-air people to big-time executives are being scrutinized with the cuts expected to be finalized in the next four to six weeks, The Post has learned.
The moves are a part of layoffs that Disney’s CEO Bob Iger announced were coming (https://nypost.com/2023/02/08/disney-loses-disney-subscribers-but-q1-earnings-beat-estimates/) across all of the company’s units. Last month, Iger said that 7,000 jobs would be eliminated across the board.
At the direction of ESPN chairman Jimmy Pitaro, heads of departments have been told to scrutinize their divisions to make them as efficient as possible. At this time, there is no target number for how many millions that ESPN must save or how many employees will be let go, according to sources.
ESPN declined to comment.
ESPN’s latest round of layoffs will have “no sacred cows,” meaning everybody from top on-air people to big-time executives are being scrutinized with the cuts expected to be finalized in the next four to six weeks, The Post has learned.
The moves are a part of layoffs that Disney’s CEO Bob Iger announced were coming (https://nypost.com/2023/02/08/disney-loses-disney-subscribers-but-q1-earnings-beat-estimates/) across all of the company’s units. Last month, Iger said that 7,000 jobs would be eliminated across the board.
At the direction of ESPN chairman Jimmy Pitaro, heads of departments have been told to scrutinize their divisions to make them as efficient as possible. At this time, there is no target number for how many millions that ESPN must save or how many employees will be let go, according to sources.
ESPN declined to comment.