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Mass layoffs hit Sports Illustrated staff

Por: NBC News Business January 19, 2024

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The publisher of Sports Illustrated is laying off much of the storied magazine’s entire staff. The news, first reported by Front Office Sports, came less than 24 hours after publisher The Arena Group announced “a significant reduction in its workforce,” comprising 100 employees. Arena said it continued to manage “substantial” debt and recently missed payments, and that the layoffs were part of “cost-cutting measures to initiate a... + full article



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