Tag Archives: departure

LeEco Confirms Layoffs and Departure of Top Executives, Says It Isn’t Exiting India

HIGHLIGHTS LeEco confirms it’s not exiting India It is launching a next-gen TV in the market soon Premium smartphone models will also launch this year In a recent development, LeEco was reported to have laid off 85 percent of its staff and that it may quit its operations in India. However, the company tells Gadgets 360 that it has no ... Read More »

LendingClub stocks pop as company seeks help after CEO departure

stocks of LendingClub rose more than eight percentage Monday as buyers digested a Reuters documentthat said the organisation had employed Jefferies to find buyers for loan funding. a number of the corporation‘s largest buyers halted purchases of LendingClub loans after former CEO Renaud Laplanche resigned while the employer said a review determined staff knowingly sold $22 million in loans in ... Read More »

fb board seeks reduce in Zuckerberg manage in occasion of founder’s departure

facebook‘s board has proposed doing away with Mark Zuckerberg’s majority voting manage in the event of the social media massive‘s leader govt and founder figuring out to exit management at some point indestiny. In a proxy submitting on Thursday with the U.S. Securities and alternate fee, facebook‘s board said it’s going to ask shareholders to vote on an offer that ... Read More »