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LendingClub says it is laying off 460 employees, ~30% of its workforce, including President Steven Allocca, to slash costs amid the COVID-19 pandemic (Bharath Manjesh/Reuters)

LendingClub says it is laying off 460 employees, ~30% of its workforce, including President Steven Allocca, to slash costs amid the COVID-19 pandemic (Bharath Manjesh/Reuters)


Bharath Manjesh / Reuters:

LendingClub says it is laying off 460 employees, ~30% of its workforce, including President Steven Allocca, to slash costs amid the COVID-19 pandemic  —  (Reuters) – Online lender LendingClub Corp (LC.N) said on Tuesday it would lay off 460 employees, including President Steven Allocca …

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