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Entries in Lay Offs (2)

Monday
Aug202012

"The Tonight Show" Lays Off Several Staffers, Leno Accepts Pay Cut

Kevin Winter/Tonight Show/Getty Images for The Tonight Show(LOS ANGELES) -- NBC's The Tonight Show has laid off between 20 and 25 of its employees, and host Jay Leno has accepted a pay cut in order to save the jobs of other staffers, according to Deadline.com.

A source tells the website, "I don’t think ad sales are off.  I just think the people who bought this company, Comcast, wants to go through everything at NBC and get their money back."

According to The Los Angeles Times, Leno's weekly budget for his late-night program will be slashed from approximately $2.3 million per week -- the same amount spent on his ill-fated NBC primetime talk show a few years ago -- to approximately $1.7 million.  The latter total was the approximate weekly budget for The Tonight Show before Leno handed over his job to Conan O'Brien, who left the network in 2010.

Leno himself reportedly had been making between $25 million and $30 million per year.  The Los Angeles Times reports he'll now make around $20 million. 

The pay cut won't affect Leno too much, because as The Hollywood Reporter's Matthew Belloni explains, Leno has said in the past that "he lives on the money that he makes from his touring and his stand-up shows."

Leno's CBS rival, David Letterman, accepted a pay cut and a budget reduction three years ago.

A rep for The Tonight Show tells multiple media outlets, "Jay's foremost concern is for the wonderful people who work for The Tonight Show.  He did what was necessary to ensure their well-being."

Copyright 2012 ABC News Radio

Friday
Jun102011

Oprah Winfrey's Production Company Provides Notice of Layoffs

Barry Brecheisen/WireImage(CHICAGO) -- Oprah Winfrey's Chicago-based Harpo Studios Inc., has notified the state of Illinois it's planning an undisclosed number of layoffs in the wake of the talk show host ending her syndicated program after 25 years on the air.

Crain’s Chicago reports a Harpo spokeswoman declined to say exactly how many jobs will be cut but acknowledged it could be up to one third of the staff.  The magazine says as of December, Harpo had 400 full and part-time employees, not counting the 50 or so workers who left last year to join the Los Angeles-based Oprah Winfrey Network cable channel.

Harpo Studios Inc. issued a statement saying it is "in the process of separating some employees from its campus facilities...as part of the company's restructuring." The Harpo statement went on to say "Most of those leaving us are doing so voluntarily to pursue other interests."

Illinois requires companies with at least 75 employees to provide the state with 60 days notice of shutdowns or layoffs. Crain's reports Harpo filed a notice on May 3 of a plan to lay off employees beginning May 25, the day Oprah's final show aired.

Copyright 2011 ABC News Radio







ABC News Radio