ESPN is bracing for "painful" layoffs as parent Disney is slashing 7,000 jobs in cuts that could amount to 3% of Disney’s global workforce, sources tell Front Office Sports’ Michael McCarthy. Stephen A. Smith alluded to the network’s precarious situation on his "Kw Mercy" podcast, being quoted as having said: "Have you all been paying attention to the business landscape? Disney itself announced that over 7,000 employees are going to be let go. ESPN is under the Disney umbrella. They’re going to have cuts coming. Hell, for all I know, I might be one of them. Now I doubt that. But it’s possible. No one knows." Reference Link
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