ESPN Crumbling After Losing $1 Billion, Facing More Layoffs After Thanksgiving

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It will not be a happy Thanksgiving for some ESPN employees.

The sports network, which often masquerades as a political opinion site in the Trump era, is facing major cutbacks again due to budget shortfalls.

According to reports, $80 million in salaries will be cut from the network between Thanksgiving and Christmas.  Estimates say between 60 and 100 employees will be let go.

The cuts are certainly due to a nearly $1 billion dollar budget shortfall by the Disney-owned network over the last six years. ESPN has lost over 13 million subscribers in the same time.

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