The layoff order comes from above ESPN. Disney, which owns ESPN, told ESPN execs it needed to trim $100 million from its 2017 budget. As a result, those with the biggest paychecks were examined the most.
“Every job with a six-figure salary or more was reviewed as part of the process,” reported The Big Lead. “The company is flying in extra HR people from Burbank to handle it. Per the source, ‘it’s gonna be ugly.'”
Sounds about right. Letting go of hundreds of staffers is rarely pretty.