ESPN to Cut 500 Positions to Free Up Money for New TV Ventures

ESPN’s chief said the Disney sports-media division would eliminate 500 positions – 300 employees and 200 posts that are currently unfilled – in a bid to free up resources for streaming, digital and other kinds of video experiences designed for the new ways fans are engaging with sports.
Read more: https://variety.com/2020/tv/news/espn-layoffs-500-jimmy-pitaro-disney-1234823637/?source=Snapzu