By Jill Goldsmith Liberty Global, the pan-European video and broadband group and parent of Virgin Media, said CEO Mike Fries donated $1 million out of his 2020 salary to a $4 million fund to help employees affected by the COVID-19 crisis.
The rest of the executive team is donating $1 million of salaries and directors fees and the compnay will kick another $2 million to the new Liberty Global Response Fund.
Liberty Global will match all donations. It said Liberty Global ‘s 27,000 employees will be eligible to confidentially apply for assistance via an online portal. “On a day-to-day basis we are doing everything we can to protect the safety and well-being of our employees, but sometimes that is not enough.
Read more on deadline.com
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