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Sports Illustrated
Sports Illustrated
Kristen Wong

ESPN Boss Jimmy Pitaro Explains Reason for Mass Layoffs, Which Include a Number of Big Names

Long considered one of the most unshakeable giants in the sports media industry, ESPN is undergoing its latest round of mass layoffs this summer.

The unfortunate news, which marks the network’s first major wave of layoffs in three years, comes nearly six months after Disney finalized its acquisition of NFL Network in an expansive deal that gave the league a 10% equity stake in ESPN, a holding reportedly valued in the billions of dollars.

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