The long-rumored mass layoffs at ESPN may begin next week, and they may be larger than expected. From Matt Bonesteel at the Washington Post:
The job cuts, which will come from the network’s sizable stable of on-air and online talent, have long been expected as ESPN looks to pare expenses in the wake of mounting subscriber losses and rising rights fees. Over the past five years, the network has lost somewhere around 12 million subscribers while shelling out billions for the right to televise leagues such as the NFL and NBA.
Denver Public Relations Blog 