Connect with us

Hi, what are you looking for?

Investing

LendingClub to cut staff by around 14% as higher interest rates take a bite

Online lending platform LendingClub Corp. on Thursday said it would reduce its workforce by around 14%, or 172 employees, as it navigates the economic impact of interest rates that could stay higher for longer.

The company, whose marketplace connects borrowers and lenders, also forecast a third-quarter sales range whose midpoint was slightly below Wall Street estimates. LendingClub LC also announced layoffs earlier this year.

Shares…

Read the full article here

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Uncategorized

Content Wager-Free Revolves from the MrQ to own Confirming Mobile King Kong Cash Claps Casino Zero wagering 100 percent free spins Instantaneous Earn online...

Uncategorized

Articles Will there be a free of charge Spins Offer having deposit offered by Mr Green? Gambling games What Number Hit Really within the...

Uncategorized

Content Mad Mad Monkey großer Gewinn: Mybet Berechnung – Nachfolgende Schlussfolgerung hinter Mybet Alternativen Bedürfen Eltern den Mybet Maklercourtage Sourcecode? Interwetten Kasino Aristocrat, NetEnt,...

Uncategorized

Posts 50 free spins no deposit no wager | Incentives at best Position Internet sites Tips and strategies for To play Slots which have...