As the recession trudges on, Hollywood has continued to trim the fat in order to stay afloat. The Tonight Show and its host Jay Leno has become the latest to experience the budget slashing that seems to be so widespread these days.

According to Deadline Hollywood,  Leno is taking a significant reduction in pay to prevent more firings  after roughly two dozen staffers are being let go as part of a major budget cut at the late-night talk show. | Full Story