ESPN lays off 150 more employees

On Wednesday, ESPN announced the company laid off approximately 150 employees mostly in the areas of studio production, digital content and technology.

ESPN President John Skipper said in a statement that the layoffs reflect the company-wide decision of re-directing resources.

“We will continue to invest in ways which will best position us to serve the modern sports fan and support the success of our business,” Skipper’s statement read.

Skipper also wrote in his statement that the employees who were laid off will receive severance, a 2017 bonus, health benefits and outplacement services.

The layoff occurs after April's layoff of approximately 100 employees that included on air-talent and reporters.

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