ESPN president John Skipper announced in a memo to employees Wednesday that the company is laying off approximately 150 employees.
Skipper wrote in the memo that the majority of the eliminated positions are in studio production, digital content and technology rather than front-facing talent.
"We will continue to invest in ways which will best position us to serve the modern sports fan and support the success of our business," Skipper wrote.
ESPN President John Skipper's message to employees: https://t.co/bLxKoAHmIc
— ESPN PR (@ESPNPR) November 29, 2017
Sporting News first reported last month that ESPN would be making another round of layoffs. Those affected will receive severance pay, a 2017 bonus and the continuation of health benefits, according to the memo.
Wednesday's cuts mark the third major round of layoffs at the company in the past 25 months. ESPN let go of roughly 300 employees in Oct. 2015 and laid off another 100— including well-known NFL personalities and reporters such as John Clayton, Trent Dilfer and Ed Werder — in April.
Skipper recently agreed to a contract extension with ESPN's parent company, Disney, that will keep him at the helm of the sports network through 2021.