LendingClub says it will lay off 460 people, accounting for about 30% of its current workforce.
LendingClub, the San Francisco company that makes online loans to consumers for purposes like refinancing credit card debt, is laying off 460 employees, according to a regulatory filing.
The fintech's layoff of 30% of its staff throws cold water on hopes of a quick recovery from the economic downturn.
Online lender LendingClub Corp said on Tuesday it would lay off 460 employees, including President Steven Allocca, as part of a restructuring plan to slash costs amid the economic fallout of the COVID
Online lender LendingClub Corp said on Tuesday it would lay off 460 employees, including President Steven Allocca, as part of a restructuring plan to slash costs amid the economic fallout of the CO…
Online lender LendingClub Corp said on Tuesday it would lay off 460 employees, including President Steven Allocca, as part of a restructuring plan to slash costs amid the economic fallout of the COVID
In a somewhat shocking but not unexpected move, LendingClub (NYSE:LC) has announced a round of layoffs and furloughs today as the COVID-19 pandemic has hit the
Online lender LendingClub Corp said on Tuesday it would lay off 460 employees in a cost-cutting move to cope with the economic fallout of the COVID-19 pandemic.The company employed 1,538 people as …
Online lender LendingClub Corp said on Tuesday it would lay off 460 employees in a cost-cutting move to cope with the economic fallout of the COVID-19 pandemic.
Reeling small businesses are turning to online loans by fintech companies. Beware: Easy money can come with hidden costs.
Be prepared to pay for these repairs one day.
There is massive momentum in fintech right now: regulations are finally opening up, APIs are more widely available than ever before, and there is a sense that existing products — both financial and
Our December 2019 Viewpoint, titled “Credit Card Lenders: Hone Strategies and Do Not Let Fintechs Scare You,” discussed how credit
LendingClub announces departure of President Steven Allocca LC
LendingClub announces temporary salary reductions for executive officers LC
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