Executive Communication Sports agency buries the lede in layoff announcement News that IMG, which was recently bought by talent agency William Morris Endeavor, would lay off 3 percent of its workforce came four paragraphs deep in a lengthy statement. By Matt WilsonDec. 2, 2014 SHARE To read the full story, log in. Become a Ragan Insider member to read this article and all other archived content. Sign up today Already a member? Log in here. Learn more about Ragan Insider.