Viacom-CBS Cuts Merit Pay Increases For 2020 Due to Coronavirus (EXCLUSIVE)

Viacom-CBS has enacted some additional belt-tightening for 2020, as employee merit pay increases have been eliminated for the year. Due to the coronavirus pandemic’s continued hammering of the media sector, Viacom-CBS CEO Bob Bakish addressed staff in a global town hall event on Wednesday morning to announce the cuts. “In an effort to manage company […]

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