"Uncertain Future: Sports Illustrated Faces Massive Layoffs"

1 min read
Source: The Washington Post
"Uncertain Future: Sports Illustrated Faces Massive Layoffs"
Photo: The Washington Post
TL;DR

Sports Illustrated has laid off most of its staff, potentially signaling the end of the iconic publication's future. The magazine's owner, Authentic Brands Group, revoked the publishing license from the Arena Group, leading to layoffs and uncertainty about the publication's continuation. The staff union is urging ABG to ensure the magazine's continued publication, but the future remains uncertain as ABG has not disclosed any plans for the publication.

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