The pay cuts spurred on by the novel coronavirus pandemic are beginning to wind down. While the entertainment industry continues to be hamstrung by postponed productions, shuttered movie theaters and closed offices, one of the largest companies in the sector is nonetheless rolling back the cuts, which were institutedin the first few weeks after states began issuing stay-at-home orders.
Fox Corp. told employees in April that everyone at the VP level or above would see their pay cut by 15 percent through the end of July.
In an email to staff last month, Fox chief legal and policy officer Viet Dinh wrote to staff confirming that pay would be returned to normal effective Aug.