ESPN just announced major cutbacks:
ESPN will cut more than 100 employees today, Yahoo Finance has learned. That number is much bigger than the 40-50 that was initially reported. ESPN aims to notify all of the people today, if it can do so.
These cuts are an ongoing issue.
ESPN’s subscriber numbers have dropped steadily, weighing on parent company Disney, forcing a new round of cost-cutting. When Disney demands cuts, ESPN can make those cuts however it chooses.
ESPN had major layoffs in 2015, as it did two years before that, in 2013. Both times, it cut around 300 people. This time around, the network reportedly sought to cut tens of millions of dollars, and decided that ridding itself of big expensive contracts was the way to do it.
Of course, in typical SJW fashion, ESPN is unsure about what is causing their viewers to flee. So to help the network, I’ve placed a photo below, taken from their website.
Memo to ESPN: More sports, and less of the following: