ESPN to Lay Off 300 Workers
ESPN plans to lay off about 300 employees as it reacts to the shifting ways that sports are consumed and as it devises new ways to market and distribute its vast array of sports programming.
“The demand for sports remains undiminished,” John Skipper, ESPN’s president, wrote in a letter to employees on Wednesday, “though the landscape we operate in has never been more complex.” He added, “No matter how many times we’ve adjusted course to lead the industry over the years, the decisions affecting our employees are never made lightly.” Details
