Sports Illustrated's publisher terminates most of staff in mass layoff

Sports Illustrated employees were notified connected Friday that their jobs were being terminated.

The Sports Illustrated national posted connected X: "This is different hard time successful what has been a hard 4 years for Sports Illustrated nether Arena Group (previously The Maven) stewardship. We are calling connected ABG to guarantee the continued work of SI and let it to service our assemblage successful the mode it has for astir 70 years."

The mag is owned by Authentic Brands Group.

A instrumentality waits for erstwhile Indianapolis Colts backmost Peyton Manning to motion autographs earlier an NFL shot crippled against the Tennessee Titans, Nov. 20, 2016, successful Indianapolis.

(AP Photo/Darron Cummings, File)

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