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
11.12How to Build AI-Enabled Operations and Achieve Measurable Outcomes
04.12AI Revolution in Service Management Features Intelligent Operations and Continuous Innovation (Part 2)
01.12How Kiro AI Agents Accelerate Development from Modernization to Cloud Migration Analysis
Telecommunications »
13.12This Week in Agribusiness, December 13, 2025
13.12This Week in Agribusiness, December 13, 2025
13.12Christmas gifts wrapped and sent out for children
13.12Why your chocolate is getting smaller, more expensive and less chocolatey
12.12Cargill recalls single lot of livestock feed product
12.12Looking Back With Gratitude, Ahead With Purpose
12.12EU backs indefinite freeze on Russia's frozen cash ahead of loan plan for Ukraine
12.12No 10 says it backs pubs as landlords bar Labour MPs in tax protest
More »