LeEco to lay off 325 people in US, focus on Chinese-speaking American households

 It’s hard to know where to begin with this mess. It’s only been seven months since LeEco launched in the U.S. with one of the most bizarre press conferences in recent memory, right down to the super weird Michael Bay cameo. Since then, it’s been a constant parade of bad news for the company, cumulating with a conference call today that will lead to around 325 layoffs in the… Read More

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