It seems a slightly different way of asking the other evergreen question of Fixed vs. Variable.
In the video, the clearest approach is taking a look at contracts and purchase orders and determining which ones can be either postponed or not executed. Ditto for some projects.
At Amadeus we have stopped the migration of some applications to the cloud, postponed the migration program for at least a year, and are considering moving back some of the workloads we migrated last year. IMHO, the impact on our total OpEx would be small, but the thinking is that every cent counts.
There's a lot more to be saved by addressing labor-related expenses. The company has released many contractors and they have established voluntary part time schemes. No lay-offs, except for external labor so far.