Quibi Asks Top Execs To Take 10 Percent Pay Cut As Layoffs Loom

Alexandra Steigrad, New York Post: Business
Wed, 06/03/2020 - 1:16pm

Quibi, the new start-up from Hollywood mogul Jeffrey Katzenberg, is in cutting mode already. Just a month after it launched on April 6, the mobile streaming service is asking senior executives to take a 10-percent pay cut as coronavirus lockdowns have squelched demand for its short-form videos, which are aimed at people on the go....

Topics: hollywood jeffrey katzenberg april quibi percent pay cut

More Movie News

More Business News

Mortgages Move Up for Homeseekers: Today's Mortgage Rates on April 25, 2024 - CNET
CNET, Thursday - 04/25/2024 - 06:36 AM
A few important mortgage rates increased. Here's what to expect if you're in the market for a home loan.
More | Talk | Read It Later | Share
Homeowners Face Higher Refi Rates: Mortgage Refinance Rates on April 25, 2024 - CNET
CNET, Thursday - 04/25/2024 - 06:33 AM
Several benchmark refinance rates climbed this week, so it might be worth waiting.
More | Talk | Read It Later | Share
Keep Summer Drinks Ice Cold With $330 Off This Anker Portable Cooler - CNET
CNET, Thursday - 04/25/2024 - 05:56 AM
This portable cooler has a great capacity and is ideal for parties and beach trips, but it's only discounted today.
More | Talk | Read It Later | Share
Get Discounts on Your Next Adventure With Our Exclusive Viator Coupon - CNET
CNET, Thursday - 04/25/2024 - 05:39 AM
Visit attractions all over the world and save up to 12% on the usual cost.
More | Talk | Read It Later | Share
Best CD Rates Today -- Don't Sleep on APYs as High as 5.35%, April 25, 2024 - CNET
CNET, Thursday - 04/25/2024 - 05:30 AM
Rates are on the way down, so the sooner you open a CD, the more interest you stand to earn.
More | Talk | Read It Later | Share
Best Savings Rates Today -- Now's the Time to Take Advantage of APYs up to 5.55%, April 25, 2024 - CNET
CNET, Thursday - 04/25/2024 - 05:00 AM
It's time to dump your traditional savings account with its paltry APY for a high-yield savings account.
More | Talk | Read It Later | Share

Quibi Asks Top Execs To Take 10 Percent Pay Cut As Layoffs Loom

Welcome to Wopular

MoviesWithButter : Our Sister Site

More Business News