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Report: ESPN Is Laying Off Hundreds Of People
Business Insider ^ | 05/21/2013 | Leah Goldman

Posted on 05/21/2013 9:43:42 AM PDT by SeekAndFind

A tipster told Deadspin that ESPN is planning to lay off more than 400 employees today.

A source at ESPN confirmed to Deadspin that layoffs were planned, and while 400 seemed high, the number of layoffs will be "in the hundreds."

As Deadspin also points out, ESPN may need to cut costs because they have recently gotten rights to several live events (like the US Open Finals) which are very expensive.

ESPN gave us the following statement:

We are implementing changes across the company to enhance our continued growth while smartly managing costs. While difficult, we are confident that it will make us more competitive, innovative and productive.

(Excerpt) Read more at businessinsider.com ...


TOPICS: Business/Economy
KEYWORDS: espn; layoffs
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1 posted on 05/21/2013 9:43:42 AM PDT by SeekAndFind
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To: SeekAndFind

Maybe all the laid off employees had made anti-gay slurs?


2 posted on 05/21/2013 9:48:09 AM PDT by Sans-Culotte ( Pray for Obama- Psalm 109:8)
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To: SeekAndFind

They got sequestered...


3 posted on 05/21/2013 9:48:26 AM PDT by Old Sarge (My "KMA List" is growing daily...)
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To: SeekAndFind

What’s the business case for retaining First Take and its gang of idiots?


4 posted on 05/21/2013 9:48:28 AM PDT by relictele (A place dedicated to economic, racial and social equality. It was called Jonestown.)
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To: SeekAndFind

Guess our cable and satellite TV bills will soon be going up.


5 posted on 05/21/2013 9:50:13 AM PDT by Fair Paul
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To: SeekAndFind

Women and children hit hardest.


6 posted on 05/21/2013 9:50:22 AM PDT by ClearCase_guy
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To: SeekAndFind

ESPN has always been left wing...but they've taken it to new heights with Obama in office.

7 posted on 05/21/2013 9:50:43 AM PDT by BookmanTheJanitor
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To: SeekAndFind

Obamacare costs?


8 posted on 05/21/2013 9:51:01 AM PDT by Mr. K (There are lies, damned lies, statistics, and democrat talking points.)
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To: SeekAndFind
ESPN may need to cut costs because they have recently gotten rights to several live events (like the US Open Finals) which are very expensive.

I never understood this line of reasoning. Were these people simply being paid without doing anything productive? If so they should have been laid off long ago. Whether or not you bought rights to an event has no bearing on if these employees were creating profit for the company.

9 posted on 05/21/2013 9:52:32 AM PDT by Straight Vermonter (Posting from deep behind the Maple Curtain)
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To: SeekAndFind

Hopefully Chris Vermin and Dickie the Shill will be among them.


10 posted on 05/21/2013 9:52:37 AM PDT by ssaftler (It's Obama's fault)
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To: relictele
What’s the business case for retaining First Take and its gang of idiots?

The worst show on TV or the worst show in the history of TV?

11 posted on 05/21/2013 9:53:29 AM PDT by Straight Vermonter (Posting from deep behind the Maple Curtain)
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To: SeekAndFind

Please let one of the 400 be Stephen A. Smith.


12 posted on 05/21/2013 9:55:30 AM PDT by needmorePaine
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To: SeekAndFind

I hear the good people at Duck Commander/Buck commander are hiring.


13 posted on 05/21/2013 9:56:07 AM PDT by V_TWIN
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To: SeekAndFind

Couldn’t happen to a better bunch of bigots.


14 posted on 05/21/2013 9:56:59 AM PDT by jps098
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To: SeekAndFind

I know it won’t happen, but I would do handsprings all the way to California if they whacked Rick Reilly...


15 posted on 05/21/2013 9:57:46 AM PDT by who knows what evil? (G-d saved more animals than people on the ark...www.siameserescue.org.)
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To: SeekAndFind
Guarantee it is the result of NBA contract that nobody watches. The attendance at the games is low, and the viewership is way off. Advertisers don't like the product. They don't even replay the games as baseball replays pay better.
16 posted on 05/21/2013 9:59:42 AM PDT by Quick Shot
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To: SeekAndFind

Maybe sports networks in the Boston and New York markets will hire them, since they pretty much work for them already...


17 posted on 05/21/2013 10:00:28 AM PDT by who knows what evil? (G-d saved more animals than people on the ark...www.siameserescue.org.)
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To: SeekAndFind
Guarantee it is the result of NBA contract that nobody watches. The attendance at the games is low, and the viewership is way off. Advertisers don't like the product. They don't even replay the games as baseball replays pay better.
18 posted on 05/21/2013 10:00:31 AM PDT by Quick Shot
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To: Sans-Culotte

Maybe they can use the savings to purchase 1080i cameras for their football broadcasts. ESPN= low def crap!


19 posted on 05/21/2013 10:01:40 AM PDT by Big Red Clay (Greetings from the Big Red State)
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To: Sans-Culotte

Are the leftwing racists, Mike Greenberg and Steven A Smith included in layoffs?


20 posted on 05/21/2013 10:03:21 AM PDT by newfreep (Breitbart sent me...)
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