While the focus was heavy on NBC's firing of Matt Lauer, ESPN figured it would be a good time to swing the budget ax and whack another 150 people from the payroll. 

Most of the affected jobs are in studio production, digital content and technology, ESPN President John Skipper told staff on Wednesday.

"We appreciate their contributions, and will assist them as much as possible in this difficult moment with severance, a 2017 bonus, the continuation of health benefits and outplacement services," Skipper said in a memo posted online by the network.

The cuts amount to about 2% of ESPN's workforce.

H/T CNN