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- ESPN has announced they will lay off approximately 150 employees on Wednesday.
- ESPN President John Skipper sent a memo to employees informing them of the move.
- Most of the lay offs will be behind-the-scenes and in an effort to "re-direct resources."
ESPN has announced that they are terminating the employment of "approximately 150 people" on Wednesday in their latest round of layoffs.
It appears that the latest cuts will not impact on-air talent. According to ESPN President John Skipper, the layoffs will mostly be behind-the scenes and are designed to "do less in certain instances and re-direct resources."
Here is the memo Skipper sent to ESPN employees on Wednesday morning.
Today we are informing approximately 150 people at ESPN that their jobs are being eliminated.
We appreciate their contributions, and will assist them as much as possible in this difficult moment with severance, a 2017 bonus, the continuation of health benefits and outplacement services. They will also appreciate your support.
The majority of the jobs eliminated are in studio production, digital content, and technology and they generally reflect decisions to do less in certain instances and re-direct resources.
We will continue to invest in ways which will best position us to serve the modern sports fan and support the success of our business.
John