ESPN is cutting down its ranks again. Today the network’s chairman Jimmy Pitaro send an internal memo announcing it was going to be letting 300 employees go; it will also not be filling 200 open positions. In the note, obtained by CNBC, Pitaro acknowledged that the pace of change in the media industry has reached an “inflection point” as the company puts more resources on being a direct to...
Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
Stay in the know
Receive a summary of the day's top tech news—distilled into one email.
Access on the go
View stories on our mobile app and tune into our weekly podcast.


Join live video Q&A’s
Deep-dive into topics like startups and autonomous vehicles with our top reporters and other executives.
Enjoy a clutter-free experience
Read without any banner ads.

Recent Popular Stories
Exclusive
startups
venture capital
A Long, Strange Trip for the ‘Uber for Nurses’
Exclusive
amazon
entertainment
How Amazon Misread the NFL Ad Market