James Corden has committed to paying the salaries of about 60 furloughed staffers on "The Late Late Show" after their paychecks from CBS come to an end this week.
Conde Nast Cuts Pay, Begins Furloughs Across Company
13.04.2020 - 21:55 / hollywoodreporter.com
Media and publishing giant Condé Nast is cutting salaries, instituting furloughs and putting a freeze on new hires amid the novel coronavirus pandemic that has decimated the economy. CEO Roger Lynch outlined the cost-saving measures in a memo sent to staff Monday morning.
Lynch, who joined the company in April 2019 from Pandora, will take a 50 percent reduction in salary along with external members of Condé Nast's board. Staffers who earn more than $100,000 will see their salaries hit by 10
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