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ESPN will lay off more than 100 staffers after Thanksgiving

Another spheroid of layoffs is hitting ESPN, CNBC has learned.

ESPN plans to layoff multifarious than 100 staffers after the Thanksgiving holidays, with SportsCenter in precisely expected to lose jobs a source close to the situation told CNBC. The tidings was first reported by Sports Illustrated.

ESPN declined to comment.

The throng has gone through several rounds of layoffs over the past few years. In April it let 100 people go, cataloguing about 10 percent of ESPN’s more front-facing employees embodying on-air talent and writers.

ESPN is going through changes as profuse people move away from cable and towards stand-alone run services. The company is preparing to launch an “add-on” digital service which will let people accompany content on their mobile devices, CEO Bob Iger told CNBC in October. There desire also be an additional product which will give viewers access to sundry than 10,000 live sporting events.

Parent company Disney check out earnings on Thursday. The company missed revenue and earnings estimates, causing share outs to drop 4 percent in after-hours trading.

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