After years of losing subscribers, ESPN owner Disney is once again looking to lay off hundreds of employees at the cable sports network.
By some reports, Disney could pink slip up to 700 ESPN employees as the entertainment giant works to bring the sports network’s costs down more in line with its dwindling reach.
According to FrontOfficeSports, the layoffs will affect those employees behind the cameras most, but on-air and radio talent may also be targeted.
While most of the big-name talent appears to be safe from these layoffs, insiders say that some will be required to take a pay cut. Pay cuts may also hit some of ESPN’s executives and managers. Talent whose contracts are up soon will also not be renewed, the reports say.