The Madison Square Garden Co., owner of the Knicks, has laid off scores of staff over the past two months as part of a previously announced restructuring.

Between 60 and 70 people were let go in July and a handful of others departed in August, sources told The Post.

MSG reported a difficult three months ended June 30 — its fiscal fourth quarter — as it reoriented its business. The company under Chief Executive David O’Connor announced a $6.9 million charge on its last quarterly earnings.

The firm recorded $217.8 million in revenues and an operating loss of $46.2 million in the quarter.

An insider confirmed the departures but added: “For everybody that left, they were replaced with someone else with a different skill set.” The pink slips were handed out across all divisions.

The James Dolan-controlled business, which split from its MSG network sibling at the end of September 2015, is aiming to brand itself as a stand alone sports and live entertainment company.

In August, the firm acquired a 12 percent stake in Town Square Media, which owns festivals and radio stations and a controlling interest in Boston Calling Events, a music festival.

The New York entertainment company is also expected to open new venues, perhaps expanding into Las Vegas.

MSG has made a push into digital businesses including the new media sports sector, and it acquired a stake in daily fantasy sports destination DraftKings.

“They brought in new segment heads and got rid of people who didn’t serve their needs anymore and replaced them. Their goals are a little bit different. They’re trying to build out a more diversified live entertainment portfolio,” BTIG sports analyst Brandon Ross said

MSG shares are up 10 percent year-to-date. The stock closed at $178.01, off 1.7 percent, in Thursday’s session.