ESPN announces 300 layoffs

Automatic TRANSCRIPT

Pink Pink slips slips are are going going out out to to hundreds hundreds of of employees employees at at ESPN. ESPN. The The sports sports network network is is cutting cutting about about 300 300 jobs jobs in in the the U. U. S S and and 500 500 globally. globally. The The cuts cuts amount amount roughly 10% of the networks workforce. And our due largely to the impact of the pandemic on its business and what's described as a tremendous disruption and how fans consume sports. Along with the layoffs. The company plans to leave about 200 bacon positions unfilled. The company has more than 5000 employees, including about 4000 at its Bristol, Connecticut headquarters. Rich Thomason reporting

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