China's LeEco Plans to Cut its US Workforce
May 23 , 2017
As per reports, China’s LeEco has plans to slash US jobs to 60 people from 500 people. The company is focusing more on the home market and core online content unit.
The company has also made cuts in India to its LeSports unit and operations.
Sources said that the time frame for the U.S. cuts was not clear.
However, LeEco has not yet responded to requests for comment.