ESPN is going through another round of layoffs. CNBC obtained a memo to staffers where ESPN chairman Jimmy Pitaro confirmed roughly 300 layoffs as its parent company, DIsney, shifts to more direct-to-consumer streaming, and following internal discussions about layoffs related to Covid-19. ESPN will also part ways with some on-air talent once contracts expire. “As you know, we value transparency in our internal dialogue, and that means in both good and challenging times,” Pitaro wrote in the memo. We will be reducing our workforce, impacting approximately 300 valued team members, in addition to 200 open positions.

Source: The Standard November 05, 2020 14:37 UTC