1440

ESPN Throws Out Some Massive Layoffs

BY RELEVANT CURRENT / NATION May 21, 2013

It looks like ESPN could be laying off as many as 400 people today. The reason for this wildly profitable organization’s cutbacks are a little hazy, but, according to Deadspin, it may have something to do with ESPN’s recent addiction to buying rights to live events. Also, Disney—which owns ESPN—has been cutting a lot of costs lately, so this could just be a decision made by the much higher-ups. Either way, it’s a very unexpected move from a very successful company …