Barstool Sports to cut staff by nearly 25 percent as mass layoffs loom

Barstool Sports will lay off nearly 25 percent of its employees, which will result in around 100 lost jobs on Thursday, The Post has learned.

Barstool founder Dave Portnoy has publicly stated the cuts were coming after he regained control of the company following its breakup with Penn Entertainment.

Barstool has around 430 employees.

It added around 300 people in the 3 1/2 years it was with Penn.