Disney is cutting the salaries of its top executives to save money as the closure of Walt Disney World, Disneyland and Disney Cruise Line drag on. Bob Iger will be going without pay this year and Bob Chapek will get a 50% pay decrease. Is this a gesture of goodwill to keep the Mouse House chugging along a little longer, or is the company in worse financial shape than they’re letting on?
Then we talk about other salary cuts and layoffs around Hollywood.
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