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 »
09.01First-ever Iowa Farm Act aims to strengthen state's ag sector
09.01US job creation in 2025 slows to weakest since Covid
09.01House Ag Democrats demand oversight as committee focus shifts
09.01Auction therapy provides market clarity over industry criticism
09.01Denmark phases out farrowing pens
09.01R2 Recycling Worcester Reaffirms Commitment to Secure, Compliant Electronics Recycling for Local Businesses
09.01Liquid Environmental Solutions Appoints Cory White as Chief Executive Officer
09.01Justin Benavidez appointed USDA chief economist
More »