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
10.02Turning AI into Measurable Outcomes with Private Cloud
06.02How Proactive Threat Hunting Stopped INC Ransom Before the Alert
04.02Getting Started With AI: A Practical Path Forward
02.02Community Impact 2025: A Global Year of Giving Back
Telecommunications »
14.02This Week in Agribusiness, February 14, 2026
14.02This Week in Agribusiness, February 14, 2026
14.02Rising vet costs leave charity with 400k bill
14.02Is dining out dying out?
13.02Heathrow not crowded but people walk in 'wrong place', says boss
13.02Amazon's Ring ends deal with surveillance firm after backlash
13.02Andrew facing claim he shared Treasury document with banking contact
13.02Head of Dubai-based ports giant quits after Epstein links revealed
More »