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ESPN Throws Out Some Massive Layoffs

ESPN Throws Out Some Massive Layoffs

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 …

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