LendingClub lays off a third of employees, including key executives
GlobalCapital Securitization, is part of the Delinian Group, DELINIAN (GLOBALCAPITAL) LIMITED, 4 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 15236213
Copyright © DELINIAN (GLOBALCAPITAL) LIMITED and its affiliated companies 2024

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement
SecuritizationABS

LendingClub lays off a third of employees, including key executives

people move hire job adobe stock

Online lender LendingClub is laying off 460 employees, including the company president Steven Allocca, according to a regulatory filing on Tuesday, a broad restructuring that reflects plummeting loan origination volumes and investor demand in the time of coronavirus.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login
Gift this article