The Athletic lays off 46 people, almost eight percent of its staff

The Athletic announced Friday that it’s laying off 46 people across a wide range of beats. That’s the largest layoff round the site has conducted to date.

After countless rounds of expansion, The Athletic is now contracting in a big way. The site announced layoffs of 46 people, almost eight percent of its staff, Friday in an internal memo.

The Athletic is a subscription-based sports website covering professional and college teams in Chicago, Toronto, and more than 20 other North American cities. The site also covers national stories in football, basketball, baseball, hockey, and soccer through a mix of long-form journalism, original reporting, and podcasts. Their business model is predicated on dis-aggregating the sports section of local newspapers and reaching non-local fans that are not reached by a local newspaper. – READ MORE »