The Orlando Magic acknowledged Saturday the organization has laid off 31 full-time employees from a staff of about 300 workers.
Magic CEO Alex Martins said in a statement the franchise, like many organizations across the country, had to take cost-cutting measures due to the adverse financial impact of the coronavirus pandemic. The layoffs were first reported by The Athletic.
“Our business, as well as many others like us, are significantly impacted due to COVID-19. We have had to make some very difficult business decisions in these unprecedented times. Due to this reality we have had to make the very hard decision to evaluate our overall structure, reorganize and reduce our headcount,” Martins wrote.