ESPN president announces another round of layoffs

ESPN president John Skipper announced in a memo to employees Wednesday that the company is laying off approximately 150 employees.

Skipper wrote in the memo that the majority of the eliminated positions are in studio production, digital content and technology rather than front-facing talent.

“We will continue to invest in ways which will best position us to serve the modern sports fan and support the success of our business,” Skipper wrote.

Sporting News first reported last month that ESPN would be making another round of layoffs. Those affected will receive severance pay, a 2017 bonus and the continuation of health benefits, according to the memo.

More from USA Today

Posted by Libergirl

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