the cut salaries are basically a drop in the bucket. if deadspin aint your cup of tea it's all easily googleable.

http://deadspin.com/espns-latest-layoffs-are-just-a-way-to-buy-time-1794678629

So, then, what was the point? The memo released this morning by ESPN president John Skipper is instructive. It was hollow and buzzword-laden in the precise way that is meant to speak to Disney investors who want to be assured that ESPN is still capable of “navigating changes in technology and fan behavior in order to continue to deliver quality, breakthrough content.” That’s what today appears to have been really about—assuring Disney stakeholders that ESPN is taking things very seriously and is prepared to keep itself lean and competitive. Don’t think too much about how we’re going to continue to pay rights fees with sustained subscriber loss! We’re making cuts! We have a handle on things!