FOX: ESPN President John Skipper announced Wednesday morning the network will be terminating approximately 150 employees, bringing the total number of employees the network has let go in 2017 to about 250.
Of the latest round of layoffs, Skipper stated, “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.”
The employees that were let go worked in “studio production, digital content, and technology.”
A source with knowledge of the situation said the layoffs announced Wednesday are part of an effort to “consolidate resources” at the company.
Skipper said network plans to invest in way to “best position us to serve the modern sports fan and support the success of our business.”
This is in line with a recent announcement by ESPN Executive Vice President Norby Williamson that Sports Center will end its 7-11 p.m. broadcast on ESPNEWS citing the reallocation of resources toward more digital endeavors. MORE