ESPN To Cut 500 Jobs As COVID-19 Erodes Revenues
ESPN To Cut 500 Jobs As COVID-19 Erodes Revenues Via Yahoo News: ESPN is slashing 500 jobs as cost pressures from the COVID-19 pandemic are accelerating the sports media company's move into streaming. The cuts, which include 300 layoffs, were revealed Thursday in a memo from Jimmy Pitaro, president of the Walt Disney Co.-owned unit. In addition to the layoffs, another 200 open positions will be eliminated, the company said. […]