Michael McCarthy of the Sporting News reported Thursday that ESPN is preparing for another round of layoffs in late November or early December, the network’s third round of job cuts over the past two years. This round will affect 40 to 60 employees both from in front of the camera and behind it, McCarthy’s sources told him, with one saying the network’s “SportsCenter” highlight show will be especially affected.

An ESPN spokesman declined to comment when reached by The Washington Post.

Faced with a declining subscriber base and increasing sports-rights costs, ESPN laid off around 300 employees — many of them working behind the scenes — in October 2015. Then, in April, the network cut roughly 100 jobs, with the reductions coming from ESPN’s stable of on-air talent and online journalists. But the network made some high-profile hires after that, luring NBA news-breaker Adrian Wojnarowski from Yahoo and bringing in on-air personality Katie Nolan after her Fox Sports career petered out. ESPN also continued its plans for a new morning show built around Mike Greenberg, going so far as building a new studio at New York’s South Street Seaport. But the start date for Greenberg’s show has been pushed back from Jan. 1 to the spring because of construction delays.

ESPN has lost around 13 million subscribers since 2011, when a record 100.13 million households subscribed to cable packages that included the network. That number fell to 87.22 million in August, when Nielsen released its most recent subscriber estimates. When you combine those losses — the company gets more than $9 per month from each cable subscriber who has ESPN, ESPN2, ESPNU and the SEC Network in their lineups — with the $3.3 billion the network must pay each year for its NFL and NBA packages alone, it paints a troubling economic picture for ESPN and parent company Disney.

The recent layoffs are a product of this, as are ESPN’s plans for a new streaming service that promises an additional revenue stream for the network when it debuts early next year. The service will give cord-cutters access to out-of-market baseball, hockey, soccer and NCAA games but nothing that is actually broadcast by ESPN on television.

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