Dave Portnoy said after buying back Barstool Sports that the company would lay off workers and make cuts. That is now reportedly happening.
employees, about 25% of its workforce, will be laid off, according to the New York Post.
"And people who know me from the beginning know I hate firing people. You can be incompetent, not work and I generally don’t fire because I hate it so much. It’s the worst thing to f---ing do. "Having said that, we’re in a position it’s a no-brainer. It’s not like I have that moral, ‘Well, you can’t do it because nobody will have jobs. We’ll all not have jobs.’ So, we have to get back to a break-even thing. We’re losing a lot, and it sucks.""Penn Entertainment and Barstool Sports have gone our separate ways," Portnoy said in a video on X, formerly known as Twitter.
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