Work has also stalled due to Coronavirus. Companies are also suffering a lot of losses due to this. The entertainment company Disney, which is struggling with financial troubles, has decided to cut the salary of high officials. The company has reduced the salary of the officers on the basis of the post. Executive Chairman Bob Iger will not take a salary to get the company out of the crisis. CEO Bob Chappak will only get 50% of his salary. The company will give this money to employees working in parks and resorts.

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Due to the closure of theme parks, production and theaters, the company is losing billions. Disney has appealed to the top officials to help the company financially. New York Times journalist Brooke Barnes shared a photo of the company's mail.

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Early this morning, Disney joined other companies in making deep cuts in salaries for executives. Iger will forego all of his salary. From the company-wide email: pic.twitter.com/8WGjkqYFxy

— Brooks Barnes (@brooksbarnesNYT) March 30, 2020

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This year Bob has become the chairman of the company. As CEO of the company, Bob received $ 47.5 million in salary last fiscal. Along with leaving salary, the former CEO has donated $ 5 million to the city of Los Angeles to fight Covid 19.

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