More layoffs are coming to ESPN, according to a report on Monday from Sports Illustrated's Richard Deitsch.
In October 2015, ESPN laid off north of 300 employees, mostly behind the scenes people. Now, Deitsch reports that layoffs will come to "talent" — ESPN parlance for writers and on-air personalities.
"SI has learned that ESPN will have significant cost-cutting over the next four months on its talent side (people in front of the camera or audio/digital screen). Multiple sources said ESPN has been tasked with paring tens of millions of staff salary from its payroll, including staffers many viewers and readers will recognize. Those with contracts coming up would be particularly vulnerable, sources said."
Deitsch also reports that some contracts will be bought out:
"The company is also expected to buyout some existing contracts, which is something rare for ESPN historically beyond a few NFL talents. The cuts are expected to be completed by June. Sources within ESPN say that there is no set list of names yet and stressed that behind-the-scenes people will likely (key word) not be impacted by these cuts."
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