By Matt Donnelly
24.03.2020 - 00:27 / deadline.com
By Dominic Patten
Senior Editor, Legal & TV Critic
Battered by the rapidly spreading coronavirus and its economic shutdown fallout, UTA are slashing salaries today to keep staff employed and the lights on.
“Like companies across the industry and our country, UTA is taking some immediate and painful steps to ensure we get through the current public health and economic crisis as strong as possible” said the Beverly Hills-based uberagency on Monday in a statement. The corporate remarks followed
By Matt Donnelly
Cast & Crew, the entertainment industry's ubiquitous payroll, accounting and human resources software brand, is following other companies' leads in implementing furloughs and pay cuts amid the coronavirus outbreak. The company, which also offers workflow and productivity software, on Thursday announced that it would furlough "a significant percentage" of its workforce and reduce hours for remaining employees.
By Nellie Andreeva
Fall Out Boy just gave back to their hometown in a big way: the band announced today a $100,000 donation to the Chicago Community COVID-19 Response Fund.The check comes via the Fall Out Boy Fund, which the quartet set up in 2017. “Chicago is the city that we grew up in," bassist Pete Wentz said in a statement.
By Nellie Andreeva
By Mike Fleming Jr
Cinemark CEO Mark Zoradi and the theater chain's board of directors are forgoing their entire salaries for the time being amid the coronavirus epidemic, while mandating deep pay reductions for all U.S. corporate employees, the company said Monday.
By Jill Goldsmith
Bob Iger will be forgoing his entire salary amid this worldwide health crisis.
By Denise Petski
By Mike Fleming Jr
During an uncertain time, people around the globe are worried about the coronavirus pandemic - but one Italian grandmother is taking it upon herself to give them a much-welcomed distraction.
BuzzFeed, hoping to forestall layoffs with an economic downturn of the COVID-19 pandemic already under way, is reducing the salaries of most employees. CEO Jonah Peretti said he won’t be taking any compensation until the crisis has passed.