ESPN is undergoing major layoffs — its first in three years — following its April acquisition of the NFL Network, which also brought in NFL Fantasy and RedZone. Chairman Jimmy Pitaro attributes most cuts to this deal, which gave the NFL a 10% stake in ESPN. The merger, finalized after regulatory approval in January, officially merged NFL Network staff into ESPN’s fold last month. While the acquisition is the main driver, other departments are also feeling the impact. Pitaro emphasized compassion and support for affected employees, as social media reacts with outpourings of support for those losing their jobs. Notable departures include longtime baseball voice Karl Ravech and NFL Network’s Tom Pelissero — while others like Ian Rapoport and Adam Schefter saw contract extensions, signaling a shifting landscape. These cuts are part of broader Disney-wide reductions, reflecting a wider industry trend of corporate restructuring.
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