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Friday, November 29, 2024
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ESPN Employees Brace For Major Layoffs

As the restructuring at Disney continues under CEO Bob Iger, tough decisions regarding people’s careers with the company are being made.

The jobs of 7,000 Disney employees will be eliminated as the company tries to save $5.5 billion in costs.

Stephen A. Smith, on a recent episode of his podcast K[no]w Mercy, said ESPN is not going to escape unscathed.

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“ESPN is under the Disney umbrella,” Smith said. “They’re going to have cuts coming.”

ESPN has gone through multiple rounds of layoffs in recent years. According to Front Office Sports, 700 jobs have been cut, including those of anchors, reporters and analysts, since 2015.

Stephen A., who has an annual salary of $13 million, said no one’s job is safe.

“Hell, for all I know, I might be one of them,” Smith said. “Now, I doubt that. But it’s possible. No one knows.”

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