April 28, 2020 / 2:34 PM / a month ago

Mexico's Televisa says puts in place "aggressive" cost reduction plan

MEXICO CITY, April 28 (Reuters) - Grupo Televisa , Mexico’s largest broadcaster, has implemented an “aggressive” cost reduction plan that includes a freeze in new hires and salary increases, the group’s co-chief executive Alfonso de Angoitia said on Tuesday.

Angoitia added that he would take a pay cut, along with his fellow co-chief executive. (Reporting by Julia Love; Editing by Drazen Jorgic and Chizu Nomiyama)

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