Monday , Oct , 13 , 2008 C.Y. Ellis

NBA to Drop 80 Staff Due to Economy


The NBA is laying off 9 percent of its work force over worries about the U.S. economy, commissioner David Stern said.

"We made a decision some months ago that the economy was going to be a bit wobbly, so we began a belt-tightening that will result in a work-force reduction of about 9 percent domestically," Stern said Sunday, speaking before an NBA preseason game at London’s O2 arena.

This translates into about 80 jobs, he later told Reuters.

ESPN