re: One of the best takes on today's ESPN layoffs

Basically today was a big show for Disney Execs and stockholders. The expense savings by the layoffs will be negligible in the big picture. ESPN Execs were ordered to cut expenses and they have but they haven't faced the real cuts that will be coming. No upper management employees were cut today, none

Travel
Facilities
Operations
Personnel
Can all be cut to show adherence to policy and progress by leadership but the really tough decisions will come when live sports renewals come up and ESPN starts to shed some of their programming partnerships.

Allow some of that programming to slip away and you weaken the ESPN brand while legitimizing competitors.

Or continue down the overspending path and see your brand erode by losing profits. One of these will result in upper management shakeups, you can see what direction Skipper et al have plans for on the future