BuzzFeed | CEO cuts his own salary to avoid staff layoffs

CEO cuts his own salary to avoid staff layoffs

CEO of the media company BuzzFeed, Jonah Peretti, said in an internal company memo that he would not take a salary until the COVID-19 pandemic blows over.

He wrote in the memo circulated to employees: “I will not be taking a salary until we are on the other side of this crisis.”

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