ESPN's signature 'SportsCenter' news program is reportedly undergoing changes to keep up with the 24 hour pace of online news.
According to The Big Lead, ESPN will cut the show's airtime in half and drop its afternoon live show.
The company is expected to lay off up to 300 people over the next few months, according to The Big Lead's sources. The changes are attributed to parent company Disney requesting ESPN to cut its budget by $100 million in 2016 and $250 million in 2017.
The network issued a statement on the matter to CNBC, saying: "ESPN has historically embraced evolving technology to smartly navigate our business. Any organizational changes will be announced directly to our employees if and when appropriate."