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Hollywood crisis Coronavirus

Senior NBCUniversal Leaders Taking 20 Percent Pay Cut

Hollywood crisis Coronavirus
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NBCUniversal CEO Jeff Shell's executive committee leaders, a group of about a dozen people, will take a 20 percent salary reduction as part of the company's coronavirus cost-cutting measures.

The company also plans to "roll back" salary increases for exempt employees who make more than $100,000 in salary. "For the vast majority of you, this means reversing the recent merit increase that just went into effect in early March," Shell wrote Tuesday in his memo, which was obtained by The Hollywood Reporter. "This rollback will be implemented in early June on a go-forward basis.

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
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