GET WOKE, GO BROKE? Major Layoffs Are Coming At Sports Illustrated Today.

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via deadspin:

Dozens of staffers at Sports Illustrated are expected to be laid off as early as Thursday, according to sources and published reports, and the cuts could be as deep as 50 percent of staff.

Late Wednesday night, SI staffers received emails telling them to report to a “transition meeting” on Thursday. Staffers compared the emails and quickly realized that there are two separate meetings, at different times, and they fear that one of the groups (“Thanos-like”) will be given pink slips, with the other told it is safe.

One source within the company says the number being bandied about is 50 percent of full-time staff. The Wall Street Journal, which first reported on the impending layoffs, says “more than 40 positions” will be eliminated, and replaced by contractors working for TheMaven, a startup headed by a pair of extremely questionable bros, which in June brokered a deal to license Sports Illustrated from new owners Authentic Brands Group. TheMaven’s job listingsalready contain a number of SI positions, including “Expert Writer” and “Sport Editor,” and SI employees have noticed in recent days that multiple TheMaven contributors have started listing Sports Illustrated in their LinkedIn and Twitter profiles.


As NewsBusters spotted in August, “Kaepernick Is Cover Man for SI’s PC List of NFL’s Most Influential People.”


h/t ED


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