Layoffs in the NBA

 The layoffs, which represent about 11% of the NBA office, won't be re-filled when the lockout ends. The league said it lost nearly $350 million in 2009-10 and nearly $300 million last season. The league also closed its Paris office, which opened in 1997 as the NBA's first European headquarters, and its Tokyo office. Those in Paris who were not laid off will work in the London office and those still with the NBA in Tokyo will work in the Hong Kong office.



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Zillgitt, Jeff. "NBA: Layoffs Saving $50 Million Are Not Lockout-related." USA Today. Gannett. Web. 10 May 2012. <http://www.usatoday.com/sports/basketball/nba/2011-07-14-lockout-stern_n.htm>.