A former ESPN star ripped the company he used to work for Thursday as it was announced that’s it was reportedly cutting 500 jobs.
Bob Ley, who was widely considered to be the pinnacle of sports journalism at the company, laid into ESPN as it was revealed the sports broadcaster was laying off 300 people and cutting 200 jobs.
ESPN CUTS JOBS AS PARENT DISNEY CONTENDS WITH COVID-19 PANDEMIC
“Trying to remain objective and unemotional as I learn of the @espn team members laid off today. Not possible. Not as I see countless decades of journalistic experience, and expertise jettisoned. Just when we need it most. Enjoy the DIS stock price and your NFL football,” he tweeted.
Ley was one of ESPN's original hosts, joining the company in 1979 and staying with it until his retirement in June 2019. Ley was a long-time "Sports Center" anchor and hosted several events for the first 24-hour sports network including the first-ever televised NCAA College Basketball Selection Show, now a staple of March Madness.
But the New Jersey native may be best known for “Outside the Lines,” ESPN's sports magazine and investigation show. The program has been honored with 15 Sports Emmy Awards since its premiere in 1990.
PREDICT SIX NFL WINNERS, WIN $1 MILLION WITH FOX SUPER 6
The Wall Street Journal reported, citing a memo from ESPN Chairman ESPN and Sports Content Jimmy Pitaro to employees, that the company was eliminating 500 jobs. Some 300 will be direct layoffs, the remaining will be open or planned positions that will not be filled.
Pitaro also wrote that the cuts were a part of a reorganization plan with a shift in focus to digital streaming. He said the plan predated the coronavirus pandemic but was accelerated in the last few months.
“The speed at which change is occurring requires great urgency, and we must now deliver on serving sports fans in a myriad of new ways,” Pitaro wrote in the memo, according to the newspaper.
CLICK HERE FOR MORE SPORTS COVERAGE ON FOXNEWS.COM
ESPN and Disney have both dealt with the challenges introduced by the pandemic. The companies have lost ad revenue from canceled or delayed events. In August, Disney announced the company had lost $4.7 billion between April and June and its media networks group – which includes ESPN – was down 10%.
Business - Latest - Google News
November 06, 2020 at 06:57AM
https://ift.tt/352lmFW
Ex-ESPN star Bob Ley rips former employer over reported layoffs, job cuts - Fox News
Business - Latest - Google News
https://ift.tt/2Rx7A4Y
Bagikan Berita Ini
0 Response to "Ex-ESPN star Bob Ley rips former employer over reported layoffs, job cuts - Fox News"
Post a Comment