ESPN lays off 150 in latest round of cuts

Disney’s ESPN can be laying off 150 more people, President John Skipper announced Wednesday.

“The majority of the jobs eliminated are in studio production, digital content, along with also technology,” Skipper said.

CNBC reported earlier This specific month of which ESPN was planning to layoff more than 100 staffers after the Thanksgiving holidays.

In April, the sports broadcaster cut 100 employees, including some on-air personalities, along with also in 2015, This specific laid off about 300 workers.

ESPN can be going through modifications as more people move away coming from cable along with also toward stand-alone streaming services. The company can be preparing to launch an “add-on” digital service, which will let people watch content on their mobile devices, Disney CEO Bob Iger told CNBC in October. This specific’s also working to give viewers access to more than 10,000 live sporting events.

The network has about 8,000 employees.

Below can be Skipper’s statement to employees:

Today we are informing approximately 150 people at ESPN of which their jobs are being eliminated.

We appreciate their contributions, along with also will assist them as much as possible in This specific difficult moment with severance, a 2017 bonus, the continuation of health benefits along with also outplacement services. They will also appreciate your support.

The majority of the jobs eliminated are in studio production, digital content, along with also technology along with also they generally reflect decisions to do less in certain instances along with also re-direct resources.

We will continue to invest in ways which will best position us to serve the modern sports fan along with also support the success of our business.

John

The Associated Press along with also CNBC’s Michelle Castillo contributed to This specific report.

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