Legendary ESPN analyst Stephen A. Smith has suggested his time with the network could come to an end as the company falls under the Disney-owned umbrella, which is bracing itself for over 7,000 employee layoffs.
In February, ESPN’s parent company Disney announced plans for some massive cost-cutting measures to come in the next few months. CEO Bob Iger revealed that the company planned to slash over $5billion (£4bn) in costs during a major restructuring of the company.
Major restructuring includes laying off north of 7,000 employees from its workforce of over 220,000, and ESPN is likely to be hit. And despite being one of ESPN’s prized assets, Smith says he may not be safe from the cost-cutting measures, with the analyst among some of the companies highest earners.
