The NBA league office has laid off at least 100 employees. The cuts are said to be unrelated to COVID-19.
“We are restructuring certain functions at the league office to better align with changes in our business, particularly around digital media, and be well-positioned for future growth.”
In a letter to impacted employees obtained by Morning Consult, NBA Chief Human Resources Officer Eric Hutcherson wrote that the league is “implementing a reduction-in-force and restructuring of operations within selected departments.”
NBA spokesperson Mike Bass said in an emailed statement, “We are restructuring certain functions at the league office to better align with changes in our business, particularly around digital media, and be well-positioned for future growth.” Bass did not respond to a question about how many jobs were cut.
The minimum severance is three months of base pay for associate vice presidents; six months of base pay for vice presidents; nine months of base pay for senior vice presidents; and a year of base pay for executive vice presidents. To qualify for the severance, departing employees must sign a separation agreement that includes a non-disparagement clause.