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Disney set to lay off up to 700 of ESPN people
Posted on 10/9/20 at 12:58 pm
Posted on 10/9/20 at 12:58 pm
quote:
By some reports, Disney could pink slip up to 700 ESPN employees as the entertainment giant works to bring the sports network’s costs down more in line with its dwindling reach.
According to FrontOfficeSports, the layoffs will affect those employees behind the cameras most, but on-air and radio talent may also be targeted.
While most of the big-name talent appears to be safe from these layoffs, insiders say that some will be required to take a pay cut. Pay cuts may also hit some of ESPN’s executives and managers. Talent whose contracts are up soon will also not be renewed, the reports say.
Disney is hoping to cut “tens of millions” out of the ESPN operating budget, and the layoffs are only the first step, insiders say.
If the expected budget cuts do occur, it will mark the third time in just five years that ESPN instituted sweeping layoffs and a steep budget-cutting campaign.
In 2015, ESPN cut 350 employees, and in 2017 the company shed another 100 employees. Also in 2017, the company cut its budget by $80 million.
LINK
Posted on 10/9/20 at 12:59 pm to Jjdoc
quote:
Disney could pink slip up to 700 ESPN employees
I feel for the employees but I really hope Disney goes under...
Posted on 10/9/20 at 1:00 pm to Jjdoc
Please start with Beth Mowins.
Posted on 10/9/20 at 1:00 pm to Jjdoc
typical leftist bullshite, working class affected most
wonder what the pay multiple is for an on air guy vs. working guy
Having "name" on air talent obviously doesn't make much difference wrt making money.
wonder what the pay multiple is for an on air guy vs. working guy
Having "name" on air talent obviously doesn't make much difference wrt making money.
Posted on 10/9/20 at 1:00 pm to GeneralLee
I hope Disney and ESPN die.
Posted on 10/9/20 at 1:00 pm to Jjdoc
Mark Jones please report to your managers office and bring your laptop, Employee Badge and keys
Posted on 10/9/20 at 1:00 pm to Jjdoc
Hate to see it.
Not
Not
This post was edited on 10/9/20 at 1:01 pm
Posted on 10/9/20 at 1:00 pm to Jjdoc
They’re getting rid of all the underpaid interns and low level employees who get fricked by the top on air talent?
Posted on 10/9/20 at 1:01 pm to Jjdoc
God I hope it is Max Kellerman. Maybe he can go back to his rap career.
YouTube LINK to Kellerman's Rap Video
YouTube LINK to Kellerman's Rap Video
Posted on 10/9/20 at 1:01 pm to The Maj
quote:
I feel for the employees
Most of the rank and file i feel for but would love to see Max Kellerman and Dan LeBatard get pink slipped.
Posted on 10/9/20 at 1:01 pm to Jjdoc
quote:
layoffs will affect those employees behind the cameras most, but on-air and radio talent may also be targeted.
So they MAY eliminate the reason they are failing? Yeah, that's smart
Posted on 10/9/20 at 1:02 pm to teke184
Disney is purging wokiness from its ranks.
Posted on 10/9/20 at 1:02 pm to Jjdoc
And they still for the life of them can't understand why. Or they know and are too damn proud to not go back to just covering sports.
Posted on 10/9/20 at 1:02 pm to Jjdoc
Obviously their acquisition of Fox studios isn’t going as swimmingly as they projected.
Posted on 10/9/20 at 1:03 pm to teke184
Turned my ESPN package off, lost SEC network too. After last Sat night, not much to watch anyway.
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