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#The Athletic cuts significant amount of staff

The Athletic cuts significant amount of staff

June 5, 2020 | 12:50pm

Management at The Athletic told its staff on Friday that it would reduce its staff by eight percent and implement salary reductions, The Post confirmed.

The Athletic, the four-year-old sports subscription startup, has greatly expanded as it grows, but, like other media outlets, it is now adjusting because of the economic impact of the shutdown of most sports during COVID-19.

Axios first reported the news. It said that 46 people would be let go. A source told The Post that the audio department would be very impacted. One of its original big hires, Armen Keteyian had already left months ago.

A spokeswoman confirmed the news of the layoffs and the salary reductions.

Source

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