ESPN is facing major cutbacks again due to budget shortfalls.
As first reported by Sportingnews.com, $80 million in salaries will be cut between Thanksgiving and Christmas. Reports say that between 60 and 8o employees are expected to be laid-off.
The budget cuts are due to a $1billion dollar budget shortfall over the last six years. The network as lost over 13 million subscribers in the same time period. One hundred employees were let go this April and 300 employees were fired in 2015 which included top executives.
The network has struggled since it interjected itself into political controversy in the past few months. SportsCenter host, Jemele Hill, called President Trump a “white supremacist” and was suspended promoting the boycott of Dallas Cowboys advertisers on her Twitter account.
Sports Illustrated has also confirmed the reports of the layoffs.