ESPN to Lay Off 150 More People And BuzzFeed to Lay Off 100 Employees In Its U.S. and U.K. Offices

Due to 'changing consumption habits' and a 'diversifying revenue model'

As of today, ESPN will let go of 150 employees following a round of layoffs earlier this year, which eliminated 100 jobs.

In spring, ESPN let go mostly on-air talent from positions across the network, but this round of layoffs is mainly focused on production, technology and other digital positions. Part of the memo from ESPN president John Skipper reads:

A necessary component of managing change involves constantly evaluating how we best utilize all of our resources, and that sometimes involves difficult decisions.

AW+

WORK SMARTER - LEARN, GROW AND BE INSPIRED.

Subscribe today!

To Read the Full Story Become an Adweek+ Subscriber

View Subscription Options

Already a member? Sign in