Changing Industry Landscape Compels Personnel Cuts
By TRACEY C. O’NEILL
BRISTOL, CT – ESPN, sports arm of the Walt Disney Company announced that it will cut workers in organizational changes initiated as a result of changing tech and digital innovation.
“The demand for sports remains undiminished, though the landscape we operate in has never been more complex,” began John Skipper, President in a message to employees.
Skipper referred to present and future plans for the organization including “constant and relentless innovation” in emerging technology, as a fundamental ingredient for inclusion across all business streams. Forward-thinking marketing and distribution initiatives were also mentioned.
Skipper did not specify where the cuts would be made and Bloomberg News quoted unidentified sources estimating that 350 workers or 4.3 percent of its workforce would be affected.