ESPN layoff memo keys on ‘opportunities to build the future’
In a jargon-heavy missive, the sports network’s president, John Skipper, calls the 300 job cuts ‘a necessary part of our continued strategic evolution.’
The sports network, struggling to retain audience attention, is cutting more than 4 percent of its workforce, roughly 300 of its 8,000 employees, according to several reports.
John Skipper, ESPN’s president and co-chairman, sent a memo to employees explaining that the layoffs are “part of a broad strategy to ensure we’re in position to make the most of new opportunities to build the future of ESPN.”
It’s not the only time ESPN has announced hundreds of layoffs. The New York Times reported that ESPN “cut 300 to 400 jobs two years ago, but said it would continue to hire.”
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