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

01.12How Kiro AI Agents Accelerate Development from Modernization to Cloud Migration Analysis
28.11Modern IT Service Management is Transforming Managed Services. Heres how. (Part 1)
25.11Is Your AI Operation Achieving Long-Term, Sustainable Growth?
Telecommunications »
06.12Introducing USMEFs new chair
06.12This Week in Agribusiness, December 6, 2025
06.12This Week in Agribusiness, December 6, 2025
06.12Warm Welcome hubs an 'important' helping hand
06.12FFA Chapter Tribute: Megan Wilde, Santa Maria, Calif.
06.12FFA Chapter Tribute: Megan Wilde, Santa Maria, Calif.
06.12Failed Sarah Ferguson-backed app received 1m taxpayers' money
05.12Five takeaways from the blockbuster Netflix Warner Brothers deal
More »