Another round of layoffs is actually hitting ESPN, CNBC has learned.
ESPN plans to layoff more than 100 staffers after the Thanksgiving holidays, with SportsCenter in particular anticipated to lose jobs a source close to the situation told CNBC. The news was first reported by Sports Illustrated.
ESPN declined to comment.
The company has gone through several rounds of layoffs over the past few years. In April in which let 100 people go, including about 10 percent of ESPN’s more front-facing employees including on-air talent in addition to writers.
ESPN is actually going through modifications as more people move away via cable in addition to towards stand-alone streaming services. The company is actually preparing to launch an “add-on” digital service which will let people watch content on their mobile devices, CEO Bob Iger told CNBC in October. There will also be an extra product which will give viewers access to more than 10,000 live sporting events.
Parent company Disney reported earnings on Thursday. The company missed revenue in addition to earnings estimates, causing shares to drop 4 percent in after-hours trading.