Politically correct #ESPN continues to hemorrhage money, employees

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ESPN is eliminating 150 production and technical employees as the sports broadcasting giant continues to shift its focus to a more digital future.

The company says the layoffs, which were announced Wednesday morning in a memo to employees, don’t include on-air talent and will have a minimal impact on the network’s signature SportsCenter news program.

“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,” ESPN president John Skipper wrote in memo. “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.”

The 38-year-old network has been squeezed by rising fees to broadcast live events. ESPN also has lost about 10 million subscribers during the past six years, based on estimates by Nielsen Media Research.

Daily News

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One thought on “Politically correct #ESPN continues to hemorrhage money, employees

  1. those 10 million subscribers are fed up with ESPN’s constant politcal attacks on TV against conservatives and those ” Subscibers” gave them the middle finger and left

    Like

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