Report: Massive ESPN Layoffs, Contract Buyouts Expected to Hit Over the Next Month
by Dylan Gwinn18 Apr 2017846
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The long-reported layoffs at ESPN will reportedly take place over the next month. That, according to sports media reporter Richard Deitsch of Sports Illustrated.
What hadn’t been rumored or reported, until now, is that ESPN will look to actually buy out some talent currently under contract. That represents a sharp departure from past ESPN policy. The Bristol-based sports giant typically refrains from buyouts, because like many companies they don’t see the sense in paying someone to not work. The decision to depart from that way of doing business suggests that ESPN wants to have the layoffs and the massive talent shake-up completed quickly.
http://www.breitbart.com/sports/2017/04/18/report-massive-espn-layoffs-contract-buyouts-expected-hit-next-month/
