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ESPN Lays Off 300 People

ESPN is firing 300 of its 8,000 employees, more than 4 percent of its workforce. The cuts come a few months after Disney CEO Bob Iger told investors that ESPN had seen “some subscriber losses” — a comment that set off panic for all media company investors. http://recode.net/2015/10/21/espn-lays-off-300-people-4-percent-of-its-staff/ #tech

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