In a Zoom interview, Matt Ward, vice president for Enrollment and Student Success said the staffing cuts primarily affected the athletic department’s morale. Two major college athletic programs announced significant layoffs in the wake of the COVID-19 pandemic. Boom, it takes over for once and all - I felt they were headed that way until the recent reductions, where they'd become an essential one-stop shop for sports fans - bust, the cuts just keep coming. Very sorry to hear about the layoffs/buyouts at the Athletic and SB Nation. The Athletic, however, seemed to care more than most about the byline because of those introductory columns the person wrote upon being hired by the Athletic. While California Lutheran University’s Athletic Department was one of the hardest hit by layoffs during the university’s staffing cuts, they’re still hopeful for a non-traditional season to kick off by Jan. 15, 2021.. The 5-year-old subscription-based online sports site says in a statement that the layoffs represent 8% of its staff. By Greg Dool:: June 5, 2020. The Athletic layoffs represented about 8% of the workforce for the company, which was created in 2016. The Athletic, in recent years a safe harbor for veteran sports journalists idled by the collapse of daily newspapers, will lay off 46 workers — 8% of its staff — and implement company-w… Source Business Insider. It seems to me the Athletic will be fine if they get contributions from investor types. University of Memphis Athletics announces layoffs & furloughs due to COVID-19 impact The school's athletics department says 19 positions were … But it’s not yet profitable. Inside sports media startup The Athletic, where writers describe mounting pressure as subscription growth slows, ad revenue dries up, and live sports come to a halt. Posted on Jun 5th, 12:26 PM, V I P, User Since 74 months ago, User Post Count: 18,008 The University of Memphis athletic department announced layoffs and furloughs on Friday due to COVID-19's financial impact. Minutes after The Athletic journalists started tweeting about layoffs on June 5, readers flooded social media to say that they planned to cancel their subscriptions. On Tuesday, the University of Texas-Austin athletics department announced lay offs, pay cuts and furloughs in a series of "necessary" financial cuts due to the COVID-19 pandemic. I've covered XU since 2008-09, including the last 2 years at The Athletic, & will miss you all! BYU announced what was termed as a restructuring of its athletic communications department on Monday, including an unspecified number of layoffs among its media relations personnel. The economic impact of COVID-19 continues to affect both new and legacy media. Posted: Sep 4, 2020 / 12:15 PM CDT / Updated: Sep 4, 2020 / 12:15 PM CDT. The Athletic has laid off 46 staff members and implemented pay cuts across the organization due to cost cuts resulting from the coronavirus pandemic. The Athletic has raised $140 million, is approaching 1 million subscribers and is valued at about $500 million, according to the company. After letting go of dozens of workers, the Pirates plan to keep their current staff in place heading into 2021. Sports media layoffs came in droves today. Thanks for reading. ISU Athletic Department Discussing Layoffs, Cutting Sports, Closing Stephens Auditorium to Close Budget Shortfall News. Management at The Athletic told its staff on Friday that it would … by: Dan Hendrickson. From The Athletic laying off 46 employees, including college football, NFL, NBA & NHL writers, to Vox buying out 4 … Inside The Athletic's layoffs, executive pay cuts: 2020 - Business Insider. The Athletic has laid off 46 staff members and implemented pay cuts across the organization due to cost cuts resulting from the coronavirus pandemic. 6/20/2020 3:19:00 PM. It doesn't seem like it necessarily is the beginning of the end, though, as they laid off "only" 8% of their staff -- 46 people, which means there are over 500 employees. The Athletic, the subscription-based sports media startup, laid off 46 of its staffers, equivalent to 8% of its employees. I'm among the 46 people laid off at The Athletic. These are people at The Athletic who have announced they were among the layoffs today: When I covered Xavier's final basketball game in March, I didn't know it would be my last. COLUMBUS (WCMH) — Ohio State University is projecting a $107 million deficit in its athletic department because of COVID-19 and has announced cuts to … I hope this isn't the beginning of the end. Virginia Tech's athletic department will implement pay reductions and other measures to adjust its budget to the impact of COVID-19 on revenue. The Athletic is the competition. With LSU's athletic department expected to lose $80 million or more amid COVID-19 shortfalls, employees have been laid off, and coaches' pay cut I have enjoyed the Athletic while being less-than-optimistic about its business model and ultimate prospects for survival, at least in its current form. The Athletic has made huge in roads in the industry. Here's the latest. Layoffs Hit The Athletic as SB Nation Staffers Accept Buyouts Altogether, a rough day for sports media. In a time of media layoffs, here’s some love for the hiring of Scott Van Pelt. An Athletic editor posted on the site after the layoffs were announced that UT coverage would be a point of emphasis with the staff's national college writers. “This was a strategic decision we felt needed to be made,” BYU athletic … The Athletic layoffs. 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