First published in 1954, Sports Illustrated could be characterized as a part of sports history.
But word of mass layoffs at the magazine on Friday had employees and observers worried for its future.
The planned cuts at Sports Illustrated include possibly all of its union-represented workers, the union said in a social media post Friday.
In an email to employees Friday morning, the Arena Group, which operates Sports Illustrated and related properties, said that its parent company, Authentic Brands Group (ABG), had revoked the marketing licence that allowed it to publish the magazine.
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“As a result of this licence revocation, we will be laying off staff that work on the SI