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Fox Corp. Cuts Senior Exec Salaries Amid Coronavirus Pandemic
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variety.com
variety.comBy Daniel Holloway Executive Editor, TV Fox Corp. will cut senior executive salaries on a short-term basis in response to the coronavirus pandemic.
The move was announced Wednesday in a memo from chief executive Lachlan Murdoch. Read the full memo below. More to come… Dear Colleagues, Together, we are navigating an unprecedented health crisis.
While most Americans are staying at home, I want to recognize the magnificent work you are doing to keep our neighbors, friends and families informed and entertained and our company running smoothly in this unique moment in history.
Because of your effort, and the years of hard work that preceded it, we are in a strong position to weather this storm. For those of you most affected by the virus,
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