Layoffs imperil Sports Illustrated as owner, publisher battle over money

Much of the staff of Sports Illustrated — and possibly all remaining writers and editors — received layoff notices Friday, which could spell the end of a publication that for decades was the gold standard of sports journalism.

The union of the staff tweeted Friday that it would continue to fight for the publication of the magazine but that its future is now in the hands of the magazine’s owner, Authentic Brands Group.