New York CNN —ESPN is laying off around 20 high-profile sports commentators as part of a cost-cutting initiative, a source with knowledge of the layoffs told CNN.
“Given the current environment, ESPN has determined it necessary to identify some additional cost savings in the area of public-facing commentator salaries,” ESPN said in a statement.
But the source stressed that the cuts were simply a matter of cost-cutting, and not related to job performance.
Disney (DIS), which owns ESPN, is laying off 7,000 employees.
The person familiar with the plans said that ESPN’s layoffs were unrelated to the broader layoffs at Disney (DIS).
Persons:
Max Kellerman, Keyshawn Johnson, Jeff Van Gundy, Jalen Rose, LaPhonso Ellis, Suzy Kolber, “, ”, ” Kolber
Organizations:
New, New York CNN, ESPN, CNN, ” ESPN, Twitter, Disney
Locations:
New York