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NBCUniversal Senior Leaders to Take 20% Salary Cut Amid Coronavirus Crisis

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variety.com

By Elaine Low Senior TV Writer Just a day after Comcast’s NBCUniversal announced a reorganization in its executive ranks, the conglomerate said that senior leaders who comprise the executive committee, reporting directly to CEO Jeff Shell, will be reducing their salaries by 20% amid the ongoing coronavirus outbreak. “While we do not believe in a one-size-fits-all approach, we do plan to take a couple of actions across the entire company,” said Shell in an email to employees. “As a first step, the senior leaders who comprise the Executive Committee have volunteered to take a 20% reduction to their salaries.

We also plan to roll back the most recent salary increases for our exempt employees who have salaries in excess of $100,000.

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