10 CEOs Of Major Companies Who Took A Pay Cut Because Of The Pandemic
CEOs of major companies such as Disney, Columbia, Comcast and General Electric made fee cuts to compensate for COVID-19 losses.
The coronavirus pandemic has caused a serious economic downturn worldwide. The virus epidemic meant a serious drop in revenues in many economic sectors. Some sectors have been more affected than others, but it is safe to say that COVID-19 is an epic disaster for most businesses. In addition, millions of people joined the ranks of the unemployed, and many businesses are struggling to protect their remaining workers. Even the biggest employer cannot escape the negative economic impact of COVID-19. Indeed, the negative economic impact of the coronavirus was so bad that the CEOs of various large companies made significant wage cuts. Here are 10 CEOs of big companies that cut fees due to the pandemic: