ESPN eliminating 150 production, tech jobs in latest cuts

ESPN eliminating 150 production, tech jobs in latest cuts

The sports network powerhouse ESPN is now cutting jobs.  Viewing preferences have changed in the last decade leading for a multitude of ways to stream a sports news and games.  Technology increases allowing for other networks entering the market which causes market share to also decrease.  ESPN, as this article describes, has been losing viewers, or market share with the rising popularity of new networks that stream or have sports talk shows, like FOX sports, NFL Network, and MLB Network.  As competition increases, ESPN's profit margin will decrease a less percentage of people watch them to see all their sporting wants.

https://www.nbcnews.com/business/economy/espn-eliminating-150-production-tech-jobs-latest-cuts-n825086