Trail Blazers Reportedly Lay Off About 70 Employees
Hoops Rumors • • sports
Key Points:
- The Portland Trail Blazers have laid off about 70 employees from their business operations department as part of a restructuring effort to position the organization for the future, according to multiple reports.
- Casey Holdahl, a longtime reporter for Blazers.com, confirmed he was among those affected by the layoffs.
- Dewayne Hankins, President of Business Operations, expressed gratitude for the contributions of the impacted employees and emphasized support during the transition while focusing on long-term organizational success.
- New majority owner Tom Dundon hinted that this restructuring might be the first of several changes, addressing criticisms of frugality by stating he prioritizes investing in players and efficient business spending.
- Dundon highlighted that the Trail Blazers spend significantly more on business operations than his NHL team, the Carolina Hurricanes, which have achieved top league records since his ownership, underscoring his commitment to avoiding wasteful expenditures.