All Things Digital's Peter Kafka is reporting that The Daily expects to tell 50 of its 170 employees that they're being laid off.
Of those positions, 29 were full-time staff members. The Daily's Editor-in-Chief Jesse Angelo said sports coverage will be handled by content partners, such as Fox Sports, and the standalone opinion section will be eliminated.
The Daily launched with a great deal of fanfare 18 months ago originally on the iPad. It quickly added other editions as well, but never got subscriptions