Palumbo's big break...they can hire him on the cheap!
http://deadspin.com/source-espn-laying-off-hundreds-509043249ESPN is laying off as many as 400 employees Tuesday in an effort to boost profit margins, according to reports.
A spokesperson for the Disney-owned network confirmed in an e-mail to Mashable that layoffs were taking place. The spokesperson declined to discuss numbers or details, saying only that the company is "implementing changes... to enhance our continued growth while smartly managing costs."
"While difficult, we are confident that it will make us more competitive, innovative and productive," the spokesperson added.