Quibi layoff list surfaces after company shuts down

🌎 Los Angeles, CA ∙ 👩 100% of employees ∙ 🖥 All departments

Quibi, the hyped short-form video streaming service, shut down two weeks ago despite raising $1 billion in funding. In the wake of the shutdown, a layoff list has emerged showcasing ex-employees looking for new opportunities (see link below👇)

Started by entertainment and tech veterans Jeffrey Katzenberg and Meg Whitman, Quibi launched with much fanfare six months ago. The company hoped to create a new streaming service specifically geared towards smartphone consumption, in part by creating 10-minute episodes. However, the service struggled to gain traction, signing up only 500,000 subscribers compared to its initial target of 7 million.

Quibi’s layoff list contains roughly 150 people across multiple functions, primarily in the Los Angeles area.

Our live Layoffs Tracker has a real-time report of all startups that have done layoffs.