Alex Ben Block at the Hollywood Reporter has been all over the story of Access Hollywood’s recent belt-tightening. He was the first to report the show had laid off 14 staffers and last night once again had the exclusive details on how the program is further moving forward.
The good news is that the syndicated entertainment news magazine has been renewed for three more seasons. The bad news is that this comes at a cost for most of the program’s remaining employees:
Some of the show’s production staff are grumbling over most employees’ salaries being cut. The pay cuts, which sources said were announced to staff on Monday, range from 10 percent to 20 percent per employee.
Twenty percent is a very hefty downgrade. And it’s always debatable whether an employer like Comcast/NBCUniversal is better off getting rid of more staff rather than chipping away at existing salary rates. The latter move tends to have a very negative impact on the morale and performance of affected employees.
A source tells Block that Access Hollywood‘s competitors have also in recent months been cutting costs by getting rid of some star talent, putting employees on temporary hiatus and scaling back on studio space.