Portland Trail Blazers lay off more than 70 employees after ownership transition

Published on: 05/19/2026

This news was posted by Oregon Today News

Description

New Trail Blazers ownership group — Andrew Cherng, Sheel Tyle and Tom Dundon — issued a round of layoffs on Tuesday.

The Portland Trail Blazers on Tuesday issued a round of sweeping layoffs, executing the first significant cost-cutting move under new owner Tom Dundon.

News Source : https://www.oregonlive.com/blazers/2026/05/portland-trail-blazers-issue-round-of-sweeping-layoffs.html

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