The channel that sports fans have grown to love is in turmoil as of Oct. 20, 2015. ESPN will be laying off a high number of its employees in the coming months.

According to Bloomberg News, “350 employees, or 4.3 percent of its 8,000 positions, will be affected.”
The reason for the massive layoff of ESPN employees is the reaction to and the preparation for drastic changes in the cable television business. Cable channels such as ESPN, which are dependent on subscriber fees, have been reduced by the growing number of people unsubscribing.
Upon learning of this lay off, sophomore Halle Gordon said, “It is so terrible. The fact that 350 people are being laid off really shows how life can be turned around. Everyone truly needs to be thankful for what they have because you never know when you will lose it.”
With the growing crowd of viewers unsubscribing, ESPN has been losing money and experiencing budget cuts of up to $100 million.
ESPN has recently lost a few of their big name stars such as Keith Olbermann and William Simmons. Although there were many factors at play, one of the biggest was the price to keep them around.
Freshman Jeremy Wittenbaum said, “I really hope that I do not see any of my favorite anchors get laid off! Everyone who works at ESPN seems to be very thoughtful, kind, and smart, and for some of them to be laid is really sad.”