ESPN cutting workforce, 'smartly managing costs'
ESPN is cutting its workforce, the latest Disney division to reduce staff.
“We are implementing changes across the company to enhance our continued growth while smartly managing costs,” the sports media giant said in a statement on Tuesday. “While difficult, we are confident that it will make us more competitive, innovative and productive.”
The company would not say how many jobs are being eliminated, but they include unfilled positions. ESPN has about 7,000 employees worldwide, with about 4,000 at its headquarters in Bristol, Conn. The vast majority work behind the scenes.
In April, Disney laid off about 150 people at LucasArts, the video game division of Lucasfilm, four months after acquiring the company behind “Star Wars” for $4.06 billion. Disney laid off about the same number at the movie studio in April to cope with the decline in DVD sales.
Show commenting policy
TribLive commenting policy
You are solely responsible for your comments and by using TribLive.com you agree to our Terms of Service.
We moderate comments. Our goal is to provide substantive commentary for a general readership. By screening submissions, we provide a space where readers can share intelligent and informed commentary that enhances the quality of our news and information.
While most comments will be posted if they are on-topic and not abusive, moderating decisions are subjective. We will make them as carefully and consistently as we can. Because of the volume of reader comments, we cannot review individual moderation decisions with readers.
We value thoughtful comments representing a range of views that make their point quickly and politely. We make an effort to protect discussions from repeated comments either by the same reader or different readers.
We follow the same standards for taste as the daily newspaper. A few things we won't tolerate: personal attacks, obscenity, vulgarity, profanity (including expletives and letters followed by dashes), commercial promotion, impersonations, incoherence, proselytizing and SHOUTING. Don't include URLs to Web sites.
We do not edit comments. They are either approved or deleted. We reserve the right to edit a comment that is quoted or excerpted in an article. In this case, we may fix spelling and punctuation.
We welcome strong opinions and criticism of our work, but we don't want comments to become bogged down with discussions of our policies and we will moderate accordingly.
We appreciate it when readers and people quoted in articles or blog posts point out errors of fact or emphasis and will investigate all assertions. But these suggestions should be sent via e-mail. To avoid distracting other readers, we won't publish comments that suggest a correction. Instead, corrections will be made in a blog post or in an article.
- Heinz merging with Kraft in mega-deal; headquarters to stay in Pittsburgh
- GNC will expand its testing of supplements in settlement with NY
- Nonprofit Concordia Lutheran Ministries adjusts to marketplace realities
- Stocks gain on encouraging signs in spending and home sales
- Consumer spending inches up in February as income soars
- Drillers’ new techniques, experience cut well costs, boost yields
- France plane crash victim’s father calls for airlines to focus on pilot welfare
- Increased credit card use reflects confidence, flat wages
- U.S. Steel to idle Illinois plant, shed up to 2,080 more workers
- Aggressive drivers to face Progressive surcharges
- Farmers fund research on gluten-free wheat