Fox News Flash top headlines for April 29
Fox News Flash top headlines are here. Check out what's clicking on Foxnews.com.
Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here.
The Smithsonian Institution will slash pay for some of its executives and implement salary and hiring freezes after losing an estimated $22 million in revenue due to closures during the coronavirus pandemic, Fox News is told.
Smithsonian Institution Chief Spokesperson Linda St. Thomas confirmed the news after The Washington Post first reported that the Washington, D.C., museums were taking the drastic measures.
CLICK HERE FOR THE LATEST ON THE CORONAVIRUS
Eighty-nine senior-level executives of the institution will have their salaries cut by 10 percent for the next 12 months starting on May 24, with Smithsonian Secretary Lonnie G. Bunch III and Deputy Secretary Meroe Park taking 15 percent cuts.
Those affected by the cuts will include museum and science directors and officials overseeing investments, security and facilities. Along with the executives, 19 employees in Smithsonian Enterprises, the revenue-generating arm of the institution, will also have their salaries cut and will not see any salary increases or performance awards that were to be made in January of next year.
CLICK HERE TO GET THE FOX NEWS APP
The majority of the institution’s 6,300 employees, however, are federal workers and will not be affected by the measures.
Like all businesses, museums have been hit hard by the forced closures that have accompanied the coronavirus pandemic.
Fox News' Mike Emanuel contributed to this report.
More from Politics
Fox News Politics
Get the latest updates from the 2024 campaign trail, exclusive interviews and more Fox News politics content.
By entering your email and clicking the Subscribe button, you agree to the Fox News Privacy Policy and Terms of Use, and agree to receive content and promotional communications from Fox News. You understand that you can opt-out at any time.