The Athletic Lays Off 46 Employees, Implements Pay Cuts

Kyle Koster

The Athletic is laying off 46 employees, which amounts to eight percent of its staff and implementing pay cuts company-wide, Axios was the first report. In a memo to staff, CEO Alex Mather said that the unfortunate reductions were a last resort after seeking to cut spending in other areas. Back in March, The Big Lead reported that the company had frozen all freelance contributions. Most remaining employees will take a 10 percent pay cut while some top earners will see their salary reduced by 20 percent.

Affected staffers have begun to announce their departure on Twitter. Here is a running list:

The Athletic has become a canary in an increasingly dark coal mine of sports media. With strong VC money and an All-Star cast of writers and editors, it relies on a subscription model that many journalists view as a potential life preserver in the future. It's self-professed lofty goals have been sidetracked by the COVID-19 pandemic.

We'll update below as more of the layoffs are announced: