Posted on 11/29/2017 1:07:33 PM PST by Oldeconomybuyer
Cord-cutting is taking a toll on ESPN, once thought untouchable given its lock on sports coverage.
The cable-television network today said it's cutting 150 jobs. Employees who are affected will receive severance, a 2017 bonus and continuing health benefits and outplacement services, the company said.
ESPN wasn't the only media company to announce layoffs Wednesday, with BuzzFeed announcing layoffs affecting 8 percent of its workforce and a restructuring of its U.S. business team later.
"The majority of the jobs eliminated are in studio production, digital content, and technology and they generally reflect decisions to do less in certain instances and re-direct resources," according to a memo from ESPN president John Skipper, published at ESPN.com.
Aside from dwindling cable subscribers, ESPN is also dealing with lower ratings for NFL games. Theories abound over what's impacting viewership, with some blaming natural disasters like Hurricane Harvey and others pointing to the controversy around some players' decision to kneel during the national anthem and a resulting feud from President Donald Trump.
(Excerpt) Read more at cbsnews.com ...
I had to laugh a while ago, when ESPN laid off some “on air talent”. I joked to friends, “ESPN has talent?”
Well, it made us all laugh. Maybe you had to be there........
ESPN is nothing but a propaganda arm for the DNC.
The Ministry of Propaganda is starting to feel the pain.......
Hurricane Harvey is probably the choice of anthropogenic climate change proponents everywhere, lol.
Keith Olbermann.
ESPN is cutting 150 more jobs...
BuzzFeed is laying off 8 percent of its workforce...
OH, THE WINNING, THE WINNING!!!
1) If ESPN stuck to sports instead of trying to be Democratic Underground Live they may do better.
2) I think people 40 and up are discovering much more fulfilling and productive uses of their time than sitting around half the day watching a bunch of illiterate millionaires chase a childrens ball around, then endure interviews with these morons who contribute zero tangible value to human knowlwdge about the universe.
3) kids under 40 are against toxic masculinity, and thus naturally avoid any display of extreme maleness
Die ESPN... DIE!
A quick shout out to our sponsors George Soros and the Clinton Foundation
Okay...I see the problem.
They live in an alternate universe but work in this one.
There are 800 bakery bun maker jobs in Chicago, I hear.
Who Controls Professional Sports?
https://thezog.wordpress.com/who-controls-professional-sports/
90% are “Weinstein’s People,” Including John Skipper.
Warning: It’s a long list!
“”The majority of the jobs eliminated are in studio production, digital content, and technology” thereby giving their remaining talking heads even LESS to talk about and show.
“with some blaming natural disasters like Hurricane Harvey and others pointing to the controversy around some players’ decision to kneel during the national anthem and a resulting feud from President Donald Trump”
uh, yeah.
btw, remember how ALL the pundits universally declared that trump had REALLY STEPPED IN IT THIS TIME, and that it was an unwinnable situation for him?
ROTFLOL!
trump makes a couple of tweets, then makes a couple more a couple weeks later, and then walks around the flaming wreckage heading for his next target.
"Avast, he's a fearsome beast"
Hahaha. These anti-American losers couldn’t deserve it more. Hahaha.
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