TribLIVE

| Business


 
Larger text Larger text Smaller text Smaller text | Order Photo Reprints

ESPN cutting workforce, 'smartly managing costs'

By The Associated Press
Wednesday, May 22, 2013, 12:01 a.m.
 

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

Most-Read Business Headlines

  1. S&P 500 holds steady at 2,000 level
  2. Lower your cable bill by streaming shows
  3. Deported migrants find home at call centers
  4. U-PARC houses companies ranging from innovative to traditional
  5. EDMC to cut costs, roll out new grant
  6. Students walk shop class path to excellence
  7. EDMC reaches debt-restructuring deal with creditors
  8. Customers anxious for details about Highmark transition plan for W. Pa.
  9. States clear way for startups to use crowdfunding
  10. Hershey unwraps new corporate logo
  11. Gas drilling company withdraws application for forced pooling in Western Pennsylvania
Subscribe today! Click here for our subscription offers.