ESPN’s skipper, John Skipper, sent the following e-mail to ESPN employees to warn them about another round of layoffs which are going down today.The layoffs are the conclusion of the first round which were made earlier this month, and the final head count seems to be around 400 or so.
On May 21st we initiated a restructuring plan across the company reflecting a changing marketplace and anticipated areas of future growth. This week will see a continuation of that effort with meetings among employees, managers and our HR staff.
While I am very confident in the strength of our overall position, our industry is changing and it is critically important that we use our resources to best support our continued growth. As we have in the past, we will also discontinue certain activities that are not performing at the levels we had anticipated. These decisions are difficult, but in making these changes we will continue to ensure that affected employees are treated with respect and appreciation. Each will be provided notice, severance and ongoing support from our HR team.
We ask anyone with questions or concerns to please speak to your HR business partner or manager.
According to Bristol News:
Among the cuts are the closure of an office in Denver, the slicing of some outdated tech-related jobs and company-wide reductions that include overseas posts. While Bristol is feeling the ax, and the tension, many of the layoffs are elsewhere. Bristol has 4,000 of the company’s 7,000 employees.