Home Quibi asks CEO, executives, to take 10% pay cut after disappointing debut - report
 

Keywords :   


Quibi asks CEO, executives, to take 10% pay cut after disappointing debut - report

2020-06-04 10:58:00| Telecompaper Headlines

(Telecompaper) Quibi is also thinking of letting go of around 10 percent of its employees, numbered at a bit over 250, the sources added. If the take place, the layoffs would mainly affect those at the lower and middle rungs of the company. The company has already cut some lower level employees in recent, some sources added.   

Tags: report pay cut ceo

Category:Telecommunications

Latest from this category

All news

07.01Microsoft 365 Copilot Business Signals a New Phase of AI Adoption for SMBs
04.01From AI Ambition to Enterprise Reality: Your Playbook for Winning the AI Game
Telecommunications »
10.01This Week in Agribusiness, January 10, 2026
10.01This Week in Agribusiness, January 10, 2026
10.01Musk says X outcry is 'excuse for censorship'
10.01'Out of stock': What went wrong at luxury retailer Saks?
10.01'Unprecedented' numbers seeking debt help post-Christmas, say charities
10.01'Unprecedented' numbers seeking debt help post-Christmas, say charities
09.01Trump's Venezuela oil meeting starts with few concrete promises
09.01EU reaches South America trade deal after 25 years of talks
More »