Quibi layoff list surfaces after company shuts down

๐ŸŒŽ Los Angeles, CA โˆ™ ๐Ÿ‘ฉ 100% of employees โˆ™ ๐Ÿ–ฅ 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 below๐Ÿ‘‡)

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.

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