ESPN Announces That About 150 Employees Will Be Laid Off Today

A third round of ESPN layoffs in the past two years, news of which has been reported by Michael McCarthy and Richard Deitsch over the last few months, will occur today. ESPN President John Skipper sent the following memo to ESPN employees:

"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."

It goes without saying that our thoughts go out to these ESPN employees, many of whom are not losing their jobs because of anything that they did wrong. Hopefully they are all able to land on their feet sooner than later.