Live Nation Entertainment reportedly begins laying off employees
The combined Ticketmaster and Live Nation have reportedly begun laying off a significant number of employees, a move that appears to directly contradict what Live Nation Entertainment President and CEO Michael Rapino and Executive Chairman Irving Azoff said they would do when they testified last year before Congress.
ESPN on Tuesday began making a significant reduction of its work force, laying off more than 100 employees at its Bristol, Conn., headquarters and in at least one regional technology center.