ESPN announces layoffs and cut jobs

Please note: some posts may contain affiliate links which means our team could earn money if you purchase products from our site

ESPN layoffs

It’s been a rough year for many due to the global pandemic. Many companies were forced to make tough decisions in response to the financial hurdles presented to them. The latest Disney-owned enterprise to be affected is ESPN.

Unfortunately, ESPN is going through another round of layoffs due to corporate restructuring. The layoffs are the result of parent company Disney making shifts to produce more direct-to-consumer streaming. ESPN will also part ways with some on-air talent once contracts expire. Disney, ESPN’s parent company, announced in September that it was cutting about 25 percent of its workforce due to the COVID-19 pandemic. ESPN president Jimmy Pitaro said the company had reached its limit during the “COVID storm” and had to make a move.

The details of the layoffs were made available by a memo written by ESPN Chairman Jimmy Pitaro.


As you know, we value transparency in our internal dialogue, and that means in both good and challenging times. After much consideration, I have some difficult organizational decisions to share. We will be reducing our workforce, impacting approximately 300 valued team members, in addition to 200 open positions.

– ESPN Chairman Jimmy Pitaro

According to Deadline, the layoffs account for approximately 6% of the company’s personnel. The reorganization will affect people who produce games for ESPN on the road in addition to some on-camera talent whose contracts won’t be renewed.

Source


D2T-1

Let our friends at Destinations to Travel help you book your next Disney Vacation. They are the preferred Travel Agency of Chip and Company and Disney Addicts, and who we use ourselves.

Get started below for your FREE No Obligation Quote.

Book With our friends at Destinations to Travel

Name(Required)
MM slash DD slash YYYY
This field is for validation purposes and should be left unchanged.

For the BEST in Disney, Universal, Dollywood, and SeaWorld Theme Park News, Entertainment, Merchandise & More follow us on, Facebook, Instagram, and Youtube. Don't forget to check out the Chip and Company Radio Network too!


Written by:

2,015 Posts

Kevin is an Orlando, FL resident and Disney enthusiast. Other interests include movies, classic rock, sports, comedy, cooking, and enjoying outdoor activities.
View All Posts
Follow Me :