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ESPN Hit By Disney-Mandated Layoffs
Among those laid-off is 43-year communications veteran Mike Soltys.
Layoffs are part of Disney's plan to slash 7,000 and $5.5 billion in costs.
BY MICHAEL MCCARTHY
APRIL 24, 2023 | 09:58 AM
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Kirby Lee-USA TODAY Sports
“I’m absolutely gutted.”
That was the anguished reaction of one ESPN executive as long-feared layoffs kicked in Monday at the network’s headquarters in Bristol, Connecticut.
Among those let go was Mike Soltys, a beloved 43-year veteran and the second-longest-tenured employee at ESPN.
The layoffs are part of Walt Disney Co. CEO Bob Iger’s mandate to slash 7,000 jobs and $5.5 billion in costs.
The first wave of layoffs in March didn’t impact ESPN, but this week’s could cost fewer than 100 ESPN staff their jobs, according to CNBC.
Another wave will hit ESPN in early summer, possibly affecting on-air talent, as the network evaluates everything from salaries to job performance.
Chairman Jimmy Pitaro said in a memo: “We will have another wave of notifications that will be completed by the start of the summer for those that are not in front-facing talent roles.”
Timing will be everything for on-air talent.
There are at least ten or so untouchables ranging from Stephen A. Smith, Troy Aikman, Joe Buck, Kirk Herbstreit and Mike Greenberg to Scott Van Pelt, Doris Burke, Adam Schefter, Adrian Wojnarowski, and pending free agent Mina Kimes.