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Leno to take pay cut as layoffs hit 'The Tonight Show'
Aug. 18, 2012, 12:08 PM EST

By Tim Molloy
TheWrap

NBC's "The Tonight Show" is laying off 20 staffers, and host Jay Leno agreed to a pay cut to save as many jobs as possible, a person familiar with the situation told TheWrap.

NBC declined to give a reason for the layoffs. The late-night institution has slipped in the ratings since the messy exit of Conan O'Brien and Leno's reinstatement as its host in 2010. But it remains the No. 1 show in late night in total viewers and the 25-54 demographic most important to late-night advertisers.

Find: The Conan O'Brien-Jay Leno controversy

The amount of Leno's pay cut was unclear. The host is known for banking his entire "Tonight Show" paycheck and living off his pay from standup gigs and appearances.

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60Comments
knights13
Aug 19, 2012 7:41PM
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Save yourselves some/ a lot of $$ and find someone better. 
Blue Dogg
Aug 19, 2012 7:38PM
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Ahhhh sorry Jay you had to give up 10 million of your 30 million. Are you for real? I could care less. There are a lot more people out there who could use a helping hand. This doesn't warrant any sympathy because he was paid way more than he is worth in the first place. Honestly people are barely getting by and we are suppose to feel sad cause he no longer gets far more than hes worth.
keysbev
Aug 19, 2012 7:32PM
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Leno is more conservative friendly while Letterman is a left wing liberal Democrat.
brotherzzzz
Aug 19, 2012 6:44PM
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In response to the article, Leno didn t have to take a pay cut... It sounds like he did the right thing...
MtLady
Aug 19, 2012 6:33PM
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Please just take him off the air completely! 
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