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Quibi cuts top pay; denies staff cuts

Motivated by an article in the WSJ, Quibi issued a memo denying it would be making staff cuts – but confirming top execs would take a 10 per cent pay cut. “Nothing has changed since our last company meeting two weeks ago,” the memo from Quibi’s founders Jeffrey Katzenberg and Meg Whitman. “As we said […]

June 4, 2020