Thursday, April 23, 2020

Rupert and Lachlan Murdoch to forgo their salaries




Fox Corporation chairman Rupert Murdoch and chief executive officer Lachlan Murdoch will forgo their salaries in response to the coronavirus crisis, according to an internal memo sent to employees.
Other executives including chief operating officer John Nallen, chief legal officer Viet Dinh and chief financial officer Steve Tomsic will also forgo their salaries through to September 30, effective immediately, the memo said, adding that pay cuts will affect about 700 Fox employees

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