Major Layoffs Coming to ESPN

The next 4 months at Disney's ESPN are going to be rough. 

Word is that  ESPN will have significant cost-cutting over the next four months on its talent side.

Multiple sources said ESPN has been tasked with paring tens of millions of staff salary from its payroll, including staffers many viewers and readers will recognize.

Those with contracts coming up would be particularly vulnerable, sources said.

The company is also expected to buyout some existing contracts, which is something rare for ESPN historically beyond a few NFL talents.

Sources within ESPN say that there is no set list of names yet and stressed that behind-the-scenes people will likely (key word) not be impacted by these cuts.

The cuts are expected to be completed by June. 

H/T Sports Illustrated

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