May
21
ESPN Begins Hundreds of Layoffs
Posted in: Uncategorized
ESPN is axing a single-digit percentage of its global workforce, a move that could pink-slip 300-plus employees around the world.
With revenue streams from advertisers and subscribers, the self-proclaimed “Worldwide Leader in Sports” rarely lays off staffers. But ESPN spokeswoman Katina Arnold confirmed staff cuts in a statement Tuesday.
The Walt Disney unit employs about 4,000 people in the U.S. and 7,000 worldwide. She declined to disclose the number of employees affected.
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