The Covid-19 has put a damper on loan demand, prompting LendingClub to slash about 30% of its workforce recently. The company announced this week that it would be laying off 460 people, accounting for roughly 30% of its current workforce. Accoeding to LendingClub CEO, Scott Sanborn, the coronavirus outbreak is having an “unprecedented effect” on … Continue reading “LendingClub Cuts About 30% of its Workforce Due to Cornavirus”
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