2023 Media Layoffs: Barstool Sports Reportedly Cuts 25% Of Staff ...Middle East

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2023 Media Layoffs: Barstool Sports Reportedly Cuts 25% Of Staff
Barstool Sports will lay off an estimated 25% of its staff, according to the New York Post, adding to layoffs at the Texas Tribune, Opera News and CoinDesk in the last month, as a brutal series of closures and job losses rock the media industry in 2023. August 31Barstool Sports CEO Erika Ayers Badan announced a round of layoffs at the company, as an estimated 100 employees—or about 25% of its staff, according to the New York Post—will be cut after founder Dave Portnoy said the company needs to “break even.” August 23The Texas Tribune announced it had cut 11 employees and would place two of its podcasts on hiatus, after the nonprofit publication noted it would be entering a “tough budget

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