China's LeEco lays US ambitions to rest with massive layoffs
 

Several days ago, the CEO of Chinese corporation LeEco, Jia Yueting, resigned. While he remains chairman of the company, the move followed worrying announcements over the past six months: Growing so quickly it was running out of cash, selling the sit...

https://www.engadget.com/2017/05/23/...ssive-layoffs/