Jay Leno Takes Salary Cut Amid Mass Layoff of Tonight Show Staffers
NBC laid off about two dozen Tonight Show staffers on Friday to cut costs, and host Jay Leno took a significant reduction in pay in order to save others.
Leno is believed to make as much as $30 million annually as the face of late night TVs top-rated broadcast, but corporate cost-cutting decisions will leave the show with a smaller budget.
Between 20 and 25 staffers were let go on Friday, according to multiple reports.
Leno, whos hosted the show since 1992 (except for Conan OBriens ill-fated 2009 interlude), has famously said that he saves every penny he earns from The Tonight Show and lives off the money he makes from other standup gigs.
Its not clear how many jobs Lenos salary cut will save as NBCs corporate parent Comcast reportedly tightens the shows weekly budget from $2.3 million to $1.7 million.
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