ESPN cuts 300 jobs as subscriber fee growth slows
- 9 years ago
ESPN President John Skipper told staff Wednesday that the Disney-owned sports network will be eliminating jobs as part of "a number of organizational changes" at the company.
"We carefully considered and deliberated alternatives before making each decision," Skipper said in an internal message released to the media.
According to an ESPN spokesperson, about 300 positions will be eliminated, which is close to 4% of the company's 8,000 workforce worldwide.
There are no plans to cancel any programs or make any changes in on-air talent.
While the cuts will be across all units of ESPN, the company is expected to continue to invest in technology to meet the demand of online and mobile viewing.
"We carefully considered and deliberated alternatives before making each decision," Skipper said in an internal message released to the media.
According to an ESPN spokesperson, about 300 positions will be eliminated, which is close to 4% of the company's 8,000 workforce worldwide.
There are no plans to cancel any programs or make any changes in on-air talent.
While the cuts will be across all units of ESPN, the company is expected to continue to invest in technology to meet the demand of online and mobile viewing.