Lakers rocked by layoffs on ‘brutal’ day amid sweeping organizational changes

The Los Angeles Lakers laid off employees across multiple departments on Wednesday, including content, marketing, sponsorships, corporate partnerships, and media relations. This marks the second round of layoffs since Mark Walter completed his purchase of a controlling stake in the Lakers at a $10 billion valuation last fall. The first round of cuts impacted employees of the South Bay Lakers G-League franchise, which is relocating to the Coachella Valley near Palm Springs, California.