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LeEco cuts 70 percent of its US workforce due to lack of funding

LeEco is slashing 70 percent of its US workforce or 325 employees, according to a latest report from CNET. These job cuts comes after the company announced its plans to release phones and a video streaming service in the U.S. The Chinese smartphone maker is slashing jobs due to lack of funding. A LeEco spokesperson told Cnet that … Continue reading "LeEco cuts 70 percent of its US workforce due to lack of funding"
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