The Athletic Lays Off 8 Percent of Staff, Implements Company-Wide Pay Cut

The Athletic is laying off nearly 8% of staff, 46 people, according to an internal memo obtained by Axios.

Why it matters:It’s the latest media company that’s been been forced to take drastic measures to survive the economic fallout from the coronavirus. Like many sports media outlets, The Athletic has been particularly impacted by the loss of live sports.

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