Disney is preparing to cut approximately 7,000 jobs and $5.5 billion in costs with ESPN amongst the subsidiaries impacted.
“Have you all been paying attention to the business landscape? Disney itself announced that over 7,000 employees are going to be let go,” Stephen A. Smith said on his podcast. “ESPN is under the Disney umbrella. They’re going to have cuts coming.
“Hell, for all I know, I might be one of them. Now, I doubt that. But it’s possible. No one knows.”
In 2017, ESPN laid off approximately 100 anchors, reports and analysts. ESPN previously laid off 300 employees in 2015.
“I don’t think it will be as bad as 2017. But it might be bad,” said one source.
