The struggles at cable sports giant ESPN continue with another round of layoffs.
Fox News reports ESPN CEO John Skipper made the announcement Wednesday morning and bringing the total number of employees let go in 2017 to 250.
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.
While ESPN claims it is making investments to “best position [the network] to serve the modern sports fan and support the success of our business,” a source told Fox News the most recent layoffs were part of an effort to “consolidate resources.” In other words, ESPN is ‘tightening the belt.’
It should come as no surprise that ESPN would face these tough decisions. For over a year now, the network has been hemorrhaging subscribers as millions ‘cut the cord’ with cable. Furthermore, ESPN’s leftist tilt and politicization of sports has turned off many viewers who turn to sports to get away from the politics.
Be sure to check out our scorepage to see where ESPN and parent company Disney stand on all the issues here.
This article was originally published at 2ndVote.com.
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