Leaked memo reveals a sports media startup just laid off 22 people without severance or healthcare into the teeth of the coronavirus pandemic — unless they signed an NDA

Digital sports media startup Overtime laid off 30 employees on March 25, according to a memo seen by Business Insider. Overtime has raised $35.3 million in seven rounds of funding to date. Company investors include Andreessen Horowitz, Spark Capital, and NBA players Kevin Durant and Carmelo Anthony. According to internal documents seen by Business Insider, Overtime only…

Leaked memo reveals a sports media startup just laid off 22 people without severance or healthcare into the teeth of the coronavirus pandemic — unless they signed an NDA

Digital sports media startup Overtime laid off 30 employees on March 25, according to a memo seen by Business Insider. Overtime has raised $35.3 million in seven rounds of funding to date. Company investors include Andreessen Horowitz, Spark Capital, and NBA players Kevin Durant and Carmelo Anthony. According to internal documents seen by Business Insider, Overtime only agreed to give laid-off employees one month of health insurance if they agreed to sign a nondisclosure agreement. Visit Business Insider’s homepage for more stories.

The company that strove to be the “ESPN for Generation Z” just laid off nearly two dozen workers without severance pay in the thick of the worsening coronavirus pandemic. Overtime, a digital sports media startup covering high school athletics, la
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