{"id":134533,"date":"2023-08-30T19:39:00","date_gmt":"2023-08-30T19:39:00","guid":{"rendered":"https:\/\/finbestnews.com\/?p=134533"},"modified":"2023-08-30T19:39:00","modified_gmt":"2023-08-30T19:39:00","slug":"barstool-sports-undergoes-layoffs-dave-portnoy-admits-it-sucks","status":"publish","type":"post","link":"https:\/\/finbestnews.com\/business\/barstool-sports-undergoes-layoffs-dave-portnoy-admits-it-sucks\/","title":{"rendered":"Barstool Sports Undergoes Layoffs; Dave Portnoy Admits \u201cIt Sucks\u201d"},"content":{"rendered":"

Barstool Sports is the latest digital media company to undergo layoffs.<\/p>\n

Founder Dave Portnoy revealed the news on a video on Barstool’s own YouTube channel.<\/p>\n

Related Stories<\/h3>\n

<\/p>\n

Barstool Sports Founder Dave Portnoy Bought Site Back For $1 After Selling It For $551M<\/h3>\n

<\/p>\n

Kevin Clancy Tapped For Comedy Leadership Role At Barstool Sports<\/h3>\n

“I’ve been very clear, to anyone who has paid attention, we are going to have layoffs and cuts and it’s started and it sucks. People who know me from the beginning know that I hate firing people,” he said. “Having said that, it’s a no brainer… because otherwise nobody will have jobs so we have to get back to a breakeven thing, we’re losing a lot and it sucks.”<\/p>\n

Portnoy said that Matt Fitzgerald, who was hired as a newsletter writer, and has been an NFL blogger for Barstool, was one of those cut.<\/p>\n

It comes after Portnoy bought the site back from Penn Entertainment for $1 after the latter struck a deal with Disney. It comes after Penn bought Barstool for $551M.<\/p>\n

Peter Chernin’s Chernin Media Group had previously bought a 51% stake in Barstool in 2016.<\/p>\n

Must Read Stories<\/h2>\n

Hulu Cancels Elle Fanning-Nicholas Hoult Drama ‘The Great’ After Three Seasons<\/h3>\n

<\/p>\n

‘Holdovers’, ‘Rustin’, ‘Saltburn’, ‘Nyad’ In Lineup; Barry Jenkins On Festival’s First 50 Years<\/h3>\n

<\/p>\n

‘Comandante’ Review; ‘Maestro’ Producer Q&A; Chazelle, Guadagnino, Latest Galleries & More<\/h3>\n

<\/p>\n

Sets Fall Movie Dates For ‘The Killer’, ‘Pain Hustlers’, Wes Anderson Pic & More<\/h3>\n

<\/p>\n

Read More About:<\/h2>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Barstool Sports is the latest digital media company to undergo layoffs. Founder Dave Portnoy revealed the news on a video on Barstool’s own YouTube channel. Related Stories Barstool Sports Founder Dave Portnoy Bought Site Back For $1 After Selling It For $551M Kevin Clancy Tapped For Comedy Leadership Role At Barstool Sports “I’ve been very clear, to anyone who has […]<\/p>\n","protected":false},"author":3,"featured_media":134532,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"yoast_head":"\nBarstool Sports Undergoes Layoffs; Dave Portnoy Admits \u201cIt Sucks\u201d - Finance Best News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/finbestnews.com\/business\/barstool-sports-undergoes-layoffs-dave-portnoy-admits-it-sucks\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Barstool Sports Undergoes Layoffs; Dave Portnoy Admits \u201cIt Sucks\u201d - Finance Best News\" \/>\n<meta property=\"og:description\" content=\"Barstool Sports is the latest digital media company to undergo layoffs. Founder Dave Portnoy revealed the news on a video on Barstool’s own YouTube channel. Related Stories Barstool Sports Founder Dave Portnoy Bought Site Back For $1 After Selling It For $551M Kevin Clancy Tapped For Comedy Leadership Role At Barstool Sports “I’ve been very clear, to anyone who has [...]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/finbestnews.com\/business\/barstool-sports-undergoes-layoffs-dave-portnoy-admits-it-sucks\/\" \/>\n<meta property=\"og:site_name\" content=\"Finance Best News\" \/>\n<meta property=\"article:published_time\" content=\"2023-08-30T19:39:00+00:00\" \/>\n<meta name=\"author\" content=\"Bertha\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/finbestnews.com\/wp-content\/uploads\/2023\/08\/Barstool-Sports-Undergoes-Layoffs-Dave-Portnoy-Admits-It-Sucks.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Bertha\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/finbestnews.com\/business\/barstool-sports-undergoes-layoffs-dave-portnoy-admits-it-sucks\/\",\"url\":\"https:\/\/finbestnews.com\/business\/barstool-sports-undergoes-layoffs-dave-portnoy-admits-it-sucks\/\",\"name\":\"Barstool Sports Undergoes Layoffs; Dave Portnoy Admits \u201cIt Sucks\u201d - Finance Best News\",\"isPartOf\":{\"@id\":\"https:\/\/finbestnews.com\/#website\"},\"datePublished\":\"2023-08-30T19:39:00+00:00\",\"dateModified\":\"2023-08-30T19:39:00+00:00\",\"author\":{\"@id\":\"https:\/\/finbestnews.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a\"},\"breadcrumb\":{\"@id\":\"https:\/\/finbestnews.com\/business\/barstool-sports-undergoes-layoffs-dave-portnoy-admits-it-sucks\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/finbestnews.com\/business\/barstool-sports-undergoes-layoffs-dave-portnoy-admits-it-sucks\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/finbestnews.com\/business\/barstool-sports-undergoes-layoffs-dave-portnoy-admits-it-sucks\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/finbestnews.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Business\",\"item\":\"https:\/\/finbestnews.com\/category\/business\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Barstool Sports Undergoes Layoffs; Dave Portnoy Admits \u201cIt Sucks\u201d\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/finbestnews.com\/#website\",\"url\":\"https:\/\/finbestnews.com\/\",\"name\":\"Finance Best News\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/finbestnews.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/finbestnews.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a\",\"name\":\"Bertha\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Barstool Sports Undergoes Layoffs; Dave Portnoy Admits \u201cIt Sucks\u201d - Finance Best News","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/finbestnews.com\/business\/barstool-sports-undergoes-layoffs-dave-portnoy-admits-it-sucks\/","og_locale":"en_US","og_type":"article","og_title":"Barstool Sports Undergoes Layoffs; Dave Portnoy Admits \u201cIt Sucks\u201d - Finance Best News","og_description":"Barstool Sports is the latest digital media company to undergo layoffs. Founder Dave Portnoy revealed the news on a video on Barstool’s own YouTube channel. Related Stories Barstool Sports Founder Dave Portnoy Bought Site Back For $1 After Selling It For $551M Kevin Clancy Tapped For Comedy Leadership Role At Barstool Sports “I’ve been very clear, to anyone who has [...]","og_url":"https:\/\/finbestnews.com\/business\/barstool-sports-undergoes-layoffs-dave-portnoy-admits-it-sucks\/","og_site_name":"Finance Best News","article_published_time":"2023-08-30T19:39:00+00:00","author":"Bertha","twitter_card":"summary_large_image","twitter_image":"https:\/\/finbestnews.com\/wp-content\/uploads\/2023\/08\/Barstool-Sports-Undergoes-Layoffs-Dave-Portnoy-Admits-It-Sucks.jpg","twitter_misc":{"Written by":"Bertha","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/finbestnews.com\/business\/barstool-sports-undergoes-layoffs-dave-portnoy-admits-it-sucks\/","url":"https:\/\/finbestnews.com\/business\/barstool-sports-undergoes-layoffs-dave-portnoy-admits-it-sucks\/","name":"Barstool Sports Undergoes Layoffs; Dave Portnoy Admits \u201cIt Sucks\u201d - Finance Best News","isPartOf":{"@id":"https:\/\/finbestnews.com\/#website"},"datePublished":"2023-08-30T19:39:00+00:00","dateModified":"2023-08-30T19:39:00+00:00","author":{"@id":"https:\/\/finbestnews.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a"},"breadcrumb":{"@id":"https:\/\/finbestnews.com\/business\/barstool-sports-undergoes-layoffs-dave-portnoy-admits-it-sucks\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/finbestnews.com\/business\/barstool-sports-undergoes-layoffs-dave-portnoy-admits-it-sucks\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/finbestnews.com\/business\/barstool-sports-undergoes-layoffs-dave-portnoy-admits-it-sucks\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/finbestnews.com\/"},{"@type":"ListItem","position":2,"name":"Business","item":"https:\/\/finbestnews.com\/category\/business\/"},{"@type":"ListItem","position":3,"name":"Barstool Sports Undergoes Layoffs; Dave Portnoy Admits \u201cIt Sucks\u201d"}]},{"@type":"WebSite","@id":"https:\/\/finbestnews.com\/#website","url":"https:\/\/finbestnews.com\/","name":"Finance Best News","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/finbestnews.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/finbestnews.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a","name":"Bertha"}]}},"_links":{"self":[{"href":"https:\/\/finbestnews.com\/wp-json\/wp\/v2\/posts\/134533"}],"collection":[{"href":"https:\/\/finbestnews.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/finbestnews.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/finbestnews.com\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/finbestnews.com\/wp-json\/wp\/v2\/comments?post=134533"}],"version-history":[{"count":0,"href":"https:\/\/finbestnews.com\/wp-json\/wp\/v2\/posts\/134533\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/finbestnews.com\/wp-json\/wp\/v2\/media\/134532"}],"wp:attachment":[{"href":"https:\/\/finbestnews.com\/wp-json\/wp\/v2\/media?parent=134533"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/finbestnews.com\/wp-json\/wp\/v2\/categories?post=134533"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/finbestnews.com\/wp-json\/wp\/v2\/tags?post=134533"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}