Lakers lay off more than a dozen employees in business-side reorganization
By
Benjamin Royer
Lightly toasted, lightly seasoned, mostly correct.
Summary
The Los Angeles Lakers conducted a round of layoffs on Wednesday, affecting over a dozen employees across multiple departments including communications, content, and partnerships. The staff reductions come after Mark Walter officially became the majority owner of the franchise in October, purchasing the team at a $10 billion valuation. The layoffs are part of broader business reorganization efforts within the organization.
Key quotes
· 3 pulledTeam employees in communications, content, partnerships and other departments were part of Wednesday's layoffs, totaling more than a dozen people, a source familiar with the layoffs told SCNG.
Since Mark Walter officially became majority owner of the franchise in October, buying the franchise at a $10 billion
The franchise had already undergone significant changes on the business side since M…
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