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AP Photo/Mark Lennihan, File

ESPN President John Skipper announced Monday that he is resigning as the network's president and co-chairman, a position he has had since 2012.

Why it matters: Skipper's resignation comes at a tumultuous time for ESPN. The network has faced two rounds of 100+ person layoffs this year and has been at the center of investor concerns for Disney's cable networks business. Disney announced last week that it would acquire most of 21st Century Fox's assets, including its regional sports networks, which add to the scope of the ever-changing role of ESPN at the network.

Former ESPN president and executive chairman George Bodenheimer will take over as acting chairman for the next three months while Iger finds a replacement, ESPN reports. Skipper has been with the network since 1997.

In a statement, Skipper thanked Disney President Bob Iger for the "human understanding and warmth" that he displayed during his time at the network:

"I come to this public disclosure with embarrassment, trepidation and a feeling of having let others I care about down."

Go deeper

Buffett eyes slow U.S. progress, but says "never bet against America"

Warren Buffett in New York City in 2017. Photo: Daniel Zuchnik/WireImage

Warren Buffett called progress in America "slow, uneven and often discouraging," but retained his long-term optimism in the country, in his closely watched annual shareholder letter released Saturday morning.

Why it matters: It breaks months of uncharacteristic silence from the 90-year-old billionaire Berkshire Hathaway CEO — as the fragile economy coped with the pandemic and the U.S. saw a contentious presidential election.

Restaurant software meets the pandemic moment

Illustration: Annelise Capossela/Axios

Food delivery companies have predictably done well during the pandemic. But restaurant software providers are also having a moment as eateries race to handle the avalanche of online orders resulting from severe in-person dining restrictions.

Driving the news: Olo filed last week for an IPO and Toast is rumored to be preparing to do the same very soon.

Bryan Walsh, author of Future
3 hours ago - Technology

How the automation economy can turn human workers into robots

Illustration: Sarah Grillo/Axios

More than outright destroying jobs, automation is changing employment in ways that will weigh on workers.

The big picture: Right now, we should be less worried about robots taking human jobs than people in low-skilled positions being forced to work like robots.